Question: Scenario 2 : The Universal Computer Company uses a newly developed A 1 chip in the manufacturer of their tablet computers. The estimated annual demand

Scenario 2: The Universal Computer Company uses a newly developed A1 chip in the manufacturer of their tablet computers. The estimated annual demand for this chip is 12,000 units. It is estimated that the cost to place an order is $75, and the holding cost for each chip is $20 per year. The company operates 320 days per year.
Use the information in Scenario 2. What is the cycle length (time between orders) when orders are placed using the EOQ quantity?

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