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Determine what should be the maximum number of units

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Question 1: Average daily consumption of materials at ABC Company is 400 units while the minimum daily consumption is 250. It takes minimum 4 days to receive the order. The company has placed an order of 2100 units when there are already 1400 units in the inventory. What should be the maximum number of units in the inventory in order to avoid high storage cost?

Reference no: EM132611170

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