Continuous review system and periodic review system

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Reference no: EM13843817

Section A: This section carries 10 points

A certain type of computer costs $1,000, and the annual holding cost is 25% of the value of the item. Annual demand is 10,000 units, and the order cost is $150 per order. What is the approximate economic order quantity? What is the total inventory cost?

Section B: This section carries 10 points

What is the difference between continuous review system and periodic review system?

Reference no: EM13843817

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