Question: 1 ) Items purchased from a vendor cost $ 2 0 each, and the forecast for next year s demand is 1 0 0 0

1) Items purchased from a vendor cost $20 each, and the forecast for next years demand is 1000 units. It costs $5 every time an order is placed. The annual inventory holding cost is %20 of the purchasing cost.20 points
d) If the company is operating for 360 days per year, what is the order cycle?

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