What would be the average inventory level

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Reference no: EM131628425

A store sells 8 cases of soda each day. Ordering costs are $8 per order, and soda costs $3 per case. Orders arrive four days from the time they are placed. Daily holding costs are equal to 5% of the cost of the soda. If the store were to order 44 cases of soda at a time, what would be the average inventory level?

Reference no: EM131628425

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