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Business, 19.11.2019 07:31 iiMxlissaii

Ajewelry store expects to sell 100 diamond bracelets during the next year. it costs $1.60 to store one diamond bracelet for one year. to reorder, there is a fixed cost of $20, plus $0.70 for each diamond bracelet ordered. in what lot size and how many times per year should an order be placed to minimize inventory costs?

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