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Their ordering costs are 20 per order they operate 320 days

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ABC Co is a distributor of industrial fans. The annual demand for their mini-fan is 7,680 units. These fans cost $62 each. The annual carrying cost for their warehouse is 29% and for their in-transit shipping it is 16%. Their ordering costs are $20 per order. They operate 320 days per year. The in-transit shipping time for this item is 7 days.

How many units are in the average in-transit inventory?

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Finance Basics: Their ordering costs are 20 per order they operate 320 days

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