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Question 6 - A jewelry store expects to sell 400 diamond bracelets during the next year. It costs $1.40 to store one diamond bracelet for

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Question 6 - A jewelry store expects to sell 400 diamond bracelets during the next year. It costs $1.40 to store one diamond bracelet for one year. To reorder, there is a fixed cost of $17.50, plus $4.20 for each diamond bracelet ordered. In what lot size and how many times per year should an order be placed to minimize inventory costs? AnswerHow to enter your answer (opens in new window) 15 Points Keypad Keyboard Shortcuts diamond bracelets per order orders per year

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