Question: LEE is attempting to perform an inventory analysis on one of the most popular products. The annual demand for this product is 5 , 0
LEE is attempting to perform an inventory analysis on one of the most popular products. The annual demand for this product is units; the unit cost is $; the carrying cost is considered to be approximately of the unit price. Ordering costs for the company typically run nearly $ per order and lead time averages days. Assume working days during the year
Formula:
Q Square root of D CoCc TC DQ Co Q Cc
What is the average inventory choose the nearest value
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