Question: Could you please answer this question #11 with explanation? If you need any information more please ask thanks QUESTION 11 The daily consumption for an

Could you please answer this question #11 with explanation?

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Could you please answer this question #11 with

QUESTION 11 The daily consumption for an item is 10 units. The ordering cost is $15 and the unit inventory cost is $1 per day. Suppose that each item costs $5 and the production rate is 10 units per day. What is the average daily total cost (e.g., ordering + inventory + product cost)

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