Your Bioresearch Facility orders Aardvark DNA strands each year. You need 1816 Aardvark DNA strands. Storing Aardvark

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Your Bioresearch Facility orders Aardvark DNA strands each year. You need 1816 Aardvark DNA strands. Storing Aardvark DNA strands costs $3 per strand per year? Because of the detail required each order of Aardvark DNA strands costs $404 to prepare:

1) What is the optimal economic order quantity?

2) What is the total inventory cost at that level?

Related Book For answer-question

Intermediate Accounting

ISBN: 9787300071374

3rd Edition Vol. 1

Authors: Kin Lo, George Fisher

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Posted Date: Feb 16, 2023 07:27 AM

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Your Bioresearch Facility orders Aardvark DNA strands each year. You need 1816 Aardvark DNA strands. Storing Aardvark

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Intermediate Accounting

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