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Find average inventory based on eoq-exisiting safety stock

Given the following information: Annual sales in units= $30,000, Cost of placing an order= $60.00, Per-unit carrying costs= $1.50, Existing units of safety stock= $300.

a.) What is the Economic Order Quantity (EOQ)?

b.) What is the average inventory based on the EOQ and the exisiting safety stock?

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Finance Basics: Find average inventory based on eoq-exisiting safety stock

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Find average inventory based on eoq-exisiting safety stock

Reference No:- TGS0675006

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : History of the second world war

Q : Compute prestons raw materials purchases budget

Q : How much net income did mason experience for the year

Q : Significance for the history of the second world war

Q : Find average inventory based on eoq-exisiting safety stock

Q : The liabilities of verkovsky company

Q : The capital corporation had stockholders equity

Q : Computing the unlevered beta

Q : What is the current period

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Find average inventory based on eoq-exisiting safety stock

Reference No:- TGS0675006

Recent Questions Asked Finance Basics

Q : History of the second world war

Q : Compute prestons raw materials purchases budget

Q : How much net income did mason experience for the year

Q : Significance for the history of the second world war

Q : Find average inventory based on eoq-exisiting safety stock

Q : The liabilities of verkovsky company

Q : The capital corporation had stockholders equity

Q : Computing the unlevered beta

Q : What is the current period

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