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What is the expected number of orders per year

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    Assignment ID: FG133134281

    Question – Max Brenner operates a chocolate shop in Manly. The annual demand for chocolate-covered strawberries is 4,800 boxes (units). The ordering cost is $150 per order. The holding cost per unit per year is $4.

    Required –

    1. What is the optimum number of units per order?

    2. What is the expected number of orders per year?

    3. What is the total annual inventory cost?

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