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A Company buys 500 blank cassette tapes per month to be used in producing foreign language courseware. The ordering cost is $10.50. Holding cost is

A Company buys 500 blank cassette tapes per month to be used in producing foreign language courseware. The ordering cost is $10.50. Holding cost is $0.12 per cassette per year. a) How many tapes should ABC order at a time ? b) What is the time between two consecutive orders

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