Question: QUESTION 2 Cartwright Computing expects to order 140,000 memory chips for Inventory during the coming year, and it will use this inventory at a constant
QUESTION 2 Cartwright Computing expects to order 140,000 memory chips for Inventory during the coming year, and it will use this inventory at a constant rate Fixed ordering costs are $150 per order the purchase price per chip is $20 and the firm's inventory carrying costs is equal to 15 percent of the purchase price(Assume a 360 day year.) i Cartwright holds a safety stock equal to a 30-day supply of chips, what is its average Inventory level? O a. 12088 b. 12371 Oc 13675 d.9988
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