Question: Average inventory is calculated as one - half maximum inventory. Question 1 7 ( 4 points ) Bell Canada stocks a certain switch connector at

Average inventory is calculated as one-half maximum inventory.
Question 17(4 points)
Bell Canada stocks a certain switch connector at its central warehouse for supplying field service offices.
The monthly demand for these connectors is 750 units. Bell estimates its annual holding cost for this item to
be $17 per unit. The cost to place and process an order from the supplier is $80. The company operates 250
days per year, and the lead time to receive an order from the supplier is two working days.
Find the economic order quantity. (N.B.: Round to the nearest integer)
Your Answer:
 Average inventory is calculated as one-half maximum inventory. Question 17(4 points)

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