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Midwest Tires has expected sales of 12,000tires this year,an ordering cost of $6.per order,carryingcosts of...

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Question

Accounting

Midwest Tires has expected sales of 12,000tires this year,an ordering cost of $6.per order,carryingcosts of $1.60per tire.

a)what is the economic ordering quatity.

b)How many ordered will be placed during the year?

c)What will the average inventory be?

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