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Matthew Liotine's Dream Store sells water beds and assorted supplies. His best - selling bed has an annual demand of 3 9 0 units. Ordering
Matthew Liotine's Dream Store sells water beds and assorted supplies. His bestselling bed has an annual demand of units. Ordering cost is $ ; holding cost is $ per unit per year. To minimize the total cost, how many units should be ordered each time an order is placed? If the holding cost per unit was $ instead of $ what would the optimal order quantity be The respective answers are:
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