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Given the following information annual sales in units 30000

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Given the following information: Annual sales in units= $30,000, Cost of placing an order= $60.00, Per-unit carrying costs= $1.50, Existing units of safety stock= $300.

a.) What is the Economic Order Quantity (EOQ)?

b.) What is the average inventory based on the EOQ and the exisiting safety stock?

Reference no: EM13570166

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