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Find the number of orders per year and average inventory

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XYZ Company imports pp-resin in bags from Thailand to manufacture plastic bottles. The annual usage rate of the resin is 9000 bags. The cost of placing and receiving an order is Tk24000. The estimated monthly carrying cost is Tk100 per bag. economic order quantity, EOQ= 2078

Find the number of orders per year and average inventory

Reference no: EM132713892

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