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If for a product, the weekly demand is 2 5 units, the cost to order is $ 3 every order, and $ 1 . 5
If for a product, the weekly demand is units, the cost to order is $ every order, and $ is the amount spent to hold one unit of the product for an year, what is the the sum of the annual ordering cost and holding cost if this firm that operates throughout the year will incur if it chooses to order the lot size that minimizes this total costs?
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greater than $ but less than or equal to $
less than or equal to $
greater than $
greater than $ but less than or equal to $
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