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The annual sales of a car are $1 billion (i.e. $1,000,000,000). The sale price is $48,000 per car. The cost of placing an order is
The annual sales of a car are $1 billion (i.e. $1,000,000,000). The sale price is $48,000 per car. The cost of placing an order is $1,200. The annual carrying cost per car is 3% of the sale price. What is the optimal order quantity? Question 4Answer a. 186 b. 206 c. 132 d. 191 e. 181
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, William J. Kretlow
11th Edition
0324653506, 978-0324653502
