Question: Problem 7-12 Economic ordering quantity (L07-5) Nowlin Pipe & Steel has projected sales of 6,400 pipes this year, an ordering cost of $5 per order,

Problem 7-12 Economic ordering quantity (L07-5) Nowlin Pipe & Steel has projected sales of 6,400 pipes this year, an ordering cost of $5 per order, and carrying costs of $1.60 per pipe. c. What will the average inventory be? Average inventory units

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