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Your company has an average annual inventory of $70 million. Its annual cost of goods sold (COGS) is $560 million. Order costs are $195 per order, and inventory carrying costs are estimated at 23%. What are the annual turns (how many order cycles are there per year)?
A. 8B. 4C. 6D. 0.125
Boreki Enterprise has the following 10 items in inventory. CEO Theodore Boreki asks you to divide these items into an ABC classification
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West valves is approximately 80. Compute the EOQ, ROP, optimal number of orders per year also total annual cost for Western valves.
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