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Business, 12.04.2021 19:20 braydenmcd02

A grocery store orders frozen pies in batches from a bakery and sells them in the grocery store. Storing one frozen pie for a year costs $1.05. When the grocery store reorders pies, there is a fixed cost of $1.65 per order as well as $0.55 per pie. Each year, they sell 1000 frozen pies. What is the optimal number of pies to order in each order to minimize their total inventory costs.

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A grocery store orders frozen pies in batches from a bakery and sells them in the grocery store. Sto...

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