Question: For a given product, the order quantity is 6 0 0 units, average annual demand is 1 2 , 0 0 0 units, the average

For a given product, the order quantity is 600 units, average annual demand is 12,000 units, the average lead time is 1 month, and the safety stock is 400 units. What is the average inventory level for this product?
1,000 units
6,000 units
700 units
600 units
500 units

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