How many orders will be placed during the year

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Reference no: EM131864331

Nowlin Pipe & Steel has projected sales of 72,600 pipes this year, an ordering cost of $6 per order, and carrying costs of $2.00 per pipe.

a. What is the economic ordering quantity?

Economic Ordering Quantity ____ units

b. How many orders will be placed during the year?

Number of Orders _____ orders

c. What will the average inventory be?

Average Inventory _____ units

Reference no: EM131864331

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