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Hello,
I have a question on example 4 (EBQ). If we calculate the average inventory using the formula given in page 24, it is 1653 , then multiply this x3 (which is 10% of 30) = 4960, not 3675. Where does this 3675 come from? I am a bit confused…
Thank you in advance.
C.Apologies tutor, I followed the video lectures and I found out. Sorry, I am new and I am figuring out how everything works and finding all the website options.
Thank you anyway for all the good job you are doing.
C.
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