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Find number of orders that will be placed during the year

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Reference no: EM132885026

Mako has projected sales of 72,000 pipes this year, ordering cost of $6 per order, and carrying costs of $2.40 per pipe.

Problem 1: Find:

a: Economic ordering quantity
b. Total inventory cost at EOQ
c. Number of orders that will be placed during the year
d. Average inventory

Reference no: EM132885026

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