What will be our average number of boxes on hand

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Our home construction company consumes nails from our warehouse in 15-pound boxes. We use an average of 1921 boxes a year. The warehouse can provide nails at 37 boxes per day while our usage is 13 boxes per day. It costs $2.60 to place the typical order. Annual carrying costs are $0.40 per box.

What will be our average number of boxes on hand if we order the EPQ bags in each order? (Keep up to two decimal places in your answer)

Reference no: EM132214121

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