What is the average number of flower pots

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Garden Variety Flower Shop uses 500 clay pots a month. The pots are purchased at $3 each. Annual holding costs per pot are estimated to be 25 percent of a pot's purchase price, and ordering costs are $25 per order.

The manager has been using an order size of 1,500 flower pots. What is the average number of flower pots that are in her flower shop at any time?

Reference no: EM132973773

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