Solved

-What Is the Amount of Average Inventory?
A) 107 Units

Question 73

Multiple Choice

 Warehouse space $3.00/ unit  Material handling expense $2.00/ unit  Insurance premium $1.00/ unit  Total ordering cost $150.00/ per order \begin{array}{ll}\text { Warehouse space } & \$ 3.00 / \text { unit } \\\text { Material handling expense } & \$ 2.00 / \text { unit } \\\text { Insurance premium } & \$ 1.00 / \text { unit } \\\text { Total ordering cost } & \$ 150.00 / \text { per order }\end{array}
-What is the amount of average inventory?


A) 107 units
B) 94 units
C) 261 units
D) cannot calculate with information provided.

Correct Answer:

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