What is the average inventory, Other Management

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What is the average inventory

Question: A law firm uses 416 printer ink cartridges a year. The cost to place an order is $18 and the annual cost of carrying one cartridge is $9. They are currently placing orders with a fixed quantity of 16 cartridges. Using their current order quantity, what is the average inventory? Note that some of the given information is not needed to answer this question.

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