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Business, 05.11.2019 01:31 jayleengrant

You are the purchasing manager and you buy a raw material having the following information: annual demand = 2000 units fixed order quantity = 200 units order cost = $100 / order inventory carrying cost = 25% per unit purchase cost = $10 / unit safety stock = 20 on average, what is the dollar value of inventory that you will have for this material?

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