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At Dot Com, a large retailer of popular books, demand is constant at 2 0 , 4 0 0 books per year. The cost of
At Dot Com, a large retailer of popular books, demand is constant at books per year. The cost of placing an order to replenish stock is $ and the annual cost of holding is $ per book. Stock is received working days after an order has been placed. No backordering is allowed. Assume working days a year.
a Dot Com's optimal order quantity is books. Enter your response rounded to the nearest whole number.
b The optimal number of orders per year is orders. Enter your response rounded to the nearest whole number.
c The optimal interval in working days between orders is days. Enter your response rounded to one decimal place.
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