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What is the average and maximum inventory level

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The Kaneohe Trading Company makes a fastener that they use in another process. The firm operates 296 days per year and uses the fasteners at a fairly steady rate of 205 per day. Fasteners can be produced at a rate of 950 per day. Annual storage costs is $2.80 per fastener and setup cost to produce more fasteners is $185.

What is the average and maximum inventory level?

Reference no: EM131794349

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