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A mail-order house uses 16,175 boxes a year. Carrying costs are 50 cents per box a year, and ordering costs are $91. The following price
A mail-order house uses 16,175 boxes a year. Carrying costs are 50 cents per box a year, and ordering costs are $91. The following price schedule applies. a. Determine the optimal order quantity. (Round your answer to the nearest whole number.) b. Determine the number of orders per year. (Round your answer to 2 decimal places.)
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