ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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For the period of January through June, a pharmacy had a beginning inventory of 312 products and an ending inventory of 336 products. Which of the following is the average inventory for this six-month period
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24
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128
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286
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324
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Explanation:
Detailed explanation-1: -The Economic Order Quantity inventory management method is one of the oldest and most popular. EOQ lets you know the number of inventory units you should order to reduce costs based on your company holding costs, ordering costs, and rate of demand.
Detailed explanation-2: -A-Glass mortars: * Glass has advantage of being comparatively nonporous and of not staining easily and thus is particularly useful when-substances such as flavoring oils or highly colored substances are used.
There is 1 question to complete.