Hammond Supplies expects sales of 157,321 units per year with carrying costs of $2.9 per unit...

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Hammond Supplies expects sales of 157,321 units per year with carrying costs of $2.9 per unit and ordering cost of $9.98 per order. Assuming the level of inventory is stable, what is the optimal average number of units in inventory? Round to the nearest whole number. Hammond Supplies expects sales of 157,321 units per year with carrying costs of $2.9 per unit and ordering cost of $9.98 per order. Assuming the level of inventory is stable, what is the optimal average number of units in inventory? Round to the nearest whole number.

Answer rating: 100% (QA)

To find the optimal average number of units in inventory we can use the Economic Order Quantity ... View the full answer