Question: Average demand for a particular item is 1 . 2 0 0 units per vear. It costs $ 1 0 0 to place an order

Average demand for a particular item is 1.200 units per vear. It costs $100 to place an order for this item, and it costs $24 to hold one unit of this item in inventory for one wear. If the fixed-order-interval model is chosen in this instance, how often (on average) will this item be ordered?
Average demand for a particular item is 1.200 units per vear.

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