Question: The Operations Manager at SS&L is responsible for ordering cash for the BBS ATM from her home office. This ATM exclusively dispenses $

The Operations Manager at SS&L is responsible for ordering cash for the "BBS" ATM from her home office. This ATM exclusively dispenses $100 bills and is highly popular. She calculates that on average, the machine dispenses 12,500 bills per month, with a holding cost of 10 percent of the bill's value annually. Additionally, each order for these bills incurs $300 in clerical and armored car delivery expenses, with an order lead time of six days.
If she were to order 6,000 bills at a time, what would be the dollar value of the average inventory level?
Question 53 options:
$12,000
$3,000
$6,000
$300,000
$600,000

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