Cindy's Toys has an average inventory of 1,800 teething rings. The carrying cost per unit per year is 5¢. Cindy places an order for 3,600 teething rings on the first of each month and the order cost is $25. What is the average inventory using the EOQ?
A) 2,251 units
B) 2,596 units
C) 2,746 units
D) 3,286 units
E) 3,300 units
Correct Answer:
Verified
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