Question: Given the following data for a particular inventory item: USAGE: ,500 units per week ORDERING COST: $40 per order HOLDING COST: 1 cent per unit

Given the following data for a particular inventory item: USAGE: ,500 units per week ORDERING COST: $40 per order HOLDING COST: 1 cent per unit each week LEAD TIME: ,3 weeks PRICE: ,50 cents per unit

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