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A small mail - order company uses 2 0 , 0 0 0 boxes a year. Holding cost rate is 2 1 percent of unit
A small mailorder company uses boxes a year. Holding cost rate is percent of unit cost per year, and ordering cost is $ per order. The following quantity discounts are available.
Number of Boxes Price per Box
to $
to
to
or more
a Determine the optimal order quantity.
Optimal order quantity
boxes
b Determine the number of orders per year. Round the final answer to decimal place.
No of orders per year
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