Question: Question 2 2 Points Jim, a buyer, manages the procurement of electronic equipment, including valves. One type of valve has an annual demand of 4
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Jim, a buyer, manages the procurement of electronic equipment, including valves. One type of valve has an annual demand of units, priced at R each, with a carrying cost estimated at of the valve's cost. Jim has analyzed the costs associated with ordering these valves and found the average ordering cost to be R per order. It takes two weeks for an order to arrive from the supplier, during which the weekly demand for valves is approximately units. What is the average inventory??
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