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Vikas Kumar Gupta (Student IPCC) (408 Points)
Average Inventory = 1/2 of Quantity Ordered .
Why ?
Amount equaling about half maximum inventory when demand is relatively constant. For example, if the maximum inventory is 500 units and depletion occurs at a fairly constant rate, the average inventory equals 250 units (500/2).
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Basics of UAE Corporate Tax and VAT(With Recording)
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