Question: A hardware store estimates the demand on number 6 screws as 7 , 0 0 0 screws per month. The cost of filling out the

A hardware store estimates the demand on number 6screws as 7,000screws per month. The cost of filling out the forms to place an order is $10.The annual holding cost rate of a screw is 5%.The cost per screw is 10cents. The lead time is six days, and the store is open 288days per year, assuming 24days per month. Determine the following:

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