Essay
A car rental agency uses 96 boxes of staples a year.The boxes cost $4 each.It costs $10 to order staples, and carrying costs are $0.80 per box on an annual basis.
Determine:
(A) the order quantity that will minimize the sum of ordering and holding boxes of staples
(B) the annual cost of ordering and carrying the boxes of staples
Correct Answer:
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D = 96 box...View Answer
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Correct Answer:
Verified
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