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A beauty supply store expects to sell 4 0 0 flat irons during the next year. It costs $ 3 . 2 0 to store
A beauty supply store expects to sell
flat irons during the next year. It costs $
to store one flat iron for one year. To reorder, there is a fixed cost of $
plus $
for each flat iron ordered. In what lot size and how many times per year should an order be placed to minimize inventory costs?
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