What is the average daily usage rate

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Problem

Jones Surgicenter uses 90,000 bags of IV solution annually. Each bag costs the center $1.50, inventory carrying costs are 20 percent, and the cost of placing an order with the supplier is $15. Assume 365 days in a year. Get the instant assignment help. Continuing with the previous questions, what is the average daily usage rate?

Reference no: EM133905835

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