Question: Sharons Sweater Shop orders 5,000 sweaters per year from a supplier at a wholesale cost of $65 each. Carrying costs are 22% of inventory, and

Sharon’s Sweater Shop orders 5,000 sweaters per year from a supplier at a wholesale cost of $65 each. Carrying costs are 22% of inventory, and it costs $52 to place and receive an order. How many orders should Sharon place with the supplier each year, and how large should each be?

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