Question: If annual demand is 2 4 , 0 0 0 units, and the order quantity is 3 , 0 0 0 units, which of the

If annual demand is 24,000 units, and the order quantity is 3,000 units, which of the following accurately describes the decision-making environment?
a. The annual number of order placements will be 8, and average inventory levels will be 1,500
b. The annual number of order placements will be 8, and average inventory levels will be 3,000
c. The annual number of order placements will be 12, and average inventory levels will be 12,000
d. The annual number of order placements will be 24, and average inventory levels will be 12,000

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