What is the average daily usage rate

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Reference no: EM133905832

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Fullerton IV Company has had a policy of reordering inventory every 30 days. Using the data below, what is the economic order quantity EOQ? Ordering cost F $10 per order Carrying cost C 20% of purchase price Purchase price P $10 per unit Total sales per year S 1,000 units Safety stock 0 Days per year 360. Get the instant assignment help. Continuing with the previous questions, what is the average daily usage rate?

Reference no: EM133905832

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