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A mail-order house uses 16.540 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price
A mail-order house uses 16.540 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price schedule applies. a. Determine the optimal order quantity. b. Determine the number of orders per year
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