Mathematics, 26.10.2020 14:00 hails271

1. Minimizing inventory costs. An appliance store owner estimates that he will sell 125 vacuum cleaners of a particular model. It costs $12 to store one vacuum cleaner
for one year. There is a fixed cost of $30 for each order. Find the lot size and the
number of orders per year that will minimize inventory costs.

Answers: 3

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1. Minimizing inventory costs. An appliance store owner estimates that he will sell 125 vacuum clea...