Question: Given the following data for a particular inventory item: Usage Ordering Carrying Cost Lead Time Price 500 units/week $40 per order $.01 per unit per

Given the following data for a particular inventory item: Usage Ordering Carrying Cost Lead Time Price 500 units/week $40 per order $.01 per unit per week 3 weeks $.50 per unit For the economic order quantity, what are average weekly total costs, including the cost of the inventory item

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