Economic order quantity model

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Reference no: EM131555573

Appliance for Less is a local appliance store. It costs this store $26.80 per unit annually for storage, insurance, etc., to hold microwave in their inventory. Sales this year are anticipated to be 359 units. Each order costs $82. The company is using Economic Order Quantity model in placing the orders. What is the average inventory held during the year including safety stock if the store insists on a 5 days safety stock (assume 365 days a year)?

(Round the answer to the whole number)

Reference no: EM131555573

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