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( 6 ) A retailer uses continuous review method to manage its inventory. A certain product has a daily demand of 2 5 units; the
A retailer uses continuous review method to manage its inventory. A certain product has a daily demand of units; the retailer operates the store days a year. The purchase price of the product is $; holding cost is determined to be of cost Ordering cost is determined to be $ Doanswer the following.
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