Question: Annual demand = 3 2 0 0 Ordering cost = $ 1 6 0 0 per orderHolding cost = 2 5 % of unit costUnit
Annual demand Ordering cost $ per orderHolding cost of unit costUnit cost $ per unitPresent lot size ptsUse the givens provided below to solve this problem.Calculate the average inventory if the company used the EOQ as their lot size. Be sure to use the EOQ, they will no longer use the present lot size.Choose the closest answer.
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