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What are the current policy Order quantity

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Question - SportsCheck sells on average 10 soccer balls per day. The balls cost $60 and sell for $90. They are produced and shipped from abroad at a cost of $600 per shipment regardless of the size of the shipment. The inventory carrying cost is estimated to be 20% of the item cost per year. Currently the company orders soccer balls once a month. (Assume 30 days per month.)

What are the current policy Order quantity?

What are the economic order quantity?

Reference no: EM132796029

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