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Annakay Ferguson sells beauty supplies. Her annual demand for a particular skin lotion is 7 , 0 0 0 units. The cost of placing an
Annakay Ferguson sells beauty supplies. Her annual demand for a particular skin lotion is units. The cost of placing an order is $ while the holding cost per unit per year is percent of the cost. This item currently costs $ if the order quantity is less than For orders of units or more, the cost falls to $ To minimize total cost, how many units should Vicky order each time she places an order? What is the minimum total cost? marks
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