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A Production system consumes 1200 of a ceramic capacitors per month. It cost $16 to place an order for capacitors with is supplier. The price

A Production system consumes 1200 of a ceramic capacitors per month. It cost $16 to place an order for capacitors with is supplier. The price of each capacitor is $0.75. The holding coast for capacitors are 20% of the price of the capacitor per month. What is the optimal order quantity? How often should the capacitor be ordered?

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