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Business, 26.03.2020 00:59 reemoe

A supermarket expects to sell 1000 boxes of sugar in a year. Each box costs $2, and there is a fixed delivery charge of $20 per order. If it costs $1 to store a box for a year, what is the order size and how many times a year should the orders be placed to minimize inventory costs

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A supermarket expects to sell 1000 boxes of sugar in a year. Each box costs $2, and there is a fixed...
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