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Keith Shoe Stores carries a basic black dress shoe for men that sells at an approximately constant rate of 5 0 0 pairs of shoes
Keith Shoe Stores carries a basic black dress shoe for men that sells at an approximately
constant rate of pairs of shoes every three months. Keiths current buying policy is to
order pairs each time an order is placed. It costs Keith $ to place an order. The
annual holding cost rate is With the order quantity of Keith obtains the shoes
at the lowest possible unit cost of $ per pair
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