Question: Average demand for a particular item is 1 , 2 0 0 units per year. It costs $ 1 0 0 to place an order
Average demand for a particular item is units per year. It costs $ to place an order for this item, and it costs $ to hold one unit of this item inventory for one year. If the fixedorderinterval model is chosen in this instance, how often on average will this item be ordered?
Multiple Choice
twice every three months
twice a month
once every other month
once a month
three times every two months
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