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Question 3- The maintenance department of a large hospital uses about 816 cases of liquid cleanser per year. Ordering costs are $12 per order, carrying
Question 3- The maintenance department of a large hospital uses about 816 cases of liquid cleanser per year. Ordering costs are $12 per order, carrying costs are $4 per case a year, and the purchasing price of a case varies based on the following volume-price scheme shown in the table below.
Question 3- The maintenance department of a large hospital uses about 816 cases of liquid cleanser per year. Ordering costs are $12 per order, carrying costs are $4 per case a year, and the purchasing price of a case varies based on the following volumeprice scheme shown in the table below. What order quantity minimizes the total costs What order quantity minimizes the total costs?
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