Business, 24.03.2020 23:32 purplepig12

You are the purchasing manager and you buy a raw material having the following information: Annual demand = 900 units Fixed order quantity = 260 units Order cost = $100 / order Inventory carrying cost = 25% Per unit purchase cost = $10 / unit Safety stock = 30 On average, what is the dollar value of inventory that you will have for this material?

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You are the purchasing manager and you buy a raw material having the following information: Annual d...

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