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Business, 26.06.2021 18:30 cruzsuarezjanca

A company requires 16,000 units of materials annually. If the ordering costs are $250 per order, expected lead time is 7 days, unit cost is $25 per unit and annual inventory holding cost is charged at 30% of unit cost and company operates 250 days annually, how should company order? Also, find reorder level ROL and Total Cost of Inventory.

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A company requires 16,000 units of materials annually. If the ordering costs are $250 per order, exp...

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