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Maximum and average levels of inventory

Problem: A firm annually sells 7,890 units. The cost of placing an order is $100 and the carrying costs are $2 a unit. What is the EOQ, the duration of the EOQ, and how many orders are placed annually? If the safety stock is 100 units, what are the maximum and average levels of inventory?

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Macroeconomics: Maximum and average levels of inventory

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Q : Maximum and average levels of inventory

A firm annually sells 7,890 units. The cost of placing an order is $100 and the carrying costs are $2 a unit. What is the EOQ, the duration of the EOQ, and how many orders are placed annually? If the safety stock is 100 units, what are the maximum

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Solution Preview :

Prepared by a verified Expert

Macroeconomics: Maximum and average levels of inventory

Reference No:- TGS01746632

Have a Question? (oR Write a Review)

Recent Questions Asked Macroeconomics

Q : Facility network security

Q : Production levels minimizing total cost

Q : Target mmarket analysis of pet supply company

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Solution Preview :

Prepared by a verified Expert

Macroeconomics: Maximum and average levels of inventory

Reference No:- TGS01746632

Recent Questions Asked Macroeconomics

Q : Facility network security

Q : Production levels minimizing total cost

Q : Target mmarket analysis of pet supply company

Q : Profit-maximizing or loss minimizing output

Q : Maximum and average levels of inventory

Q : Different cultures within western culture

Q : Unconstrained profit-maximizing level of price

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