Multiple Choice
Tool Mart sells 1,400 electronic water pumps every year. These pumps cost $54.30 each. If annual inventory carrying costs are 12% and the cost of placing an order is $90, what is the optimal ordering frequency?
A) 37 days
B) 32 days
C) 40 days
D) 51 days
Correct Answer:
Verified
Correct Answer:
Verified
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