How corporation is trying to improve its inventory control

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Reference no: EM13299119

How Corporation is trying to improve its inventory control system and has installed an online computer at its retail stores. Howe anticipates sales of 126,000 units per year, an ordering cost of 4 dollars per order, and carrying costs of $1.008 per unit.

a. What is the economic ordering quantity?
b. How many orders will be placed during the year?
c. what will the average inventory be?
d. what is the total cost of inventory expected to be?

Reference no: EM13299119

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