Question: automated teller machine, which only dispenses $ 1 0 0 bills. She estimates that this machine dispenses an average of 1 2 , 5 0
automated teller machine, which only dispenses $ bills. She estimates that this machine dispenses an average of bills per month, and that carrying a bill in imventory costs percent of its value annually. She knows that each order for these bills costs $ for clerical and armored car delivery costs, and that order lead time is six days.
If she were to order bills at a time, what would be the average monthly total costs, EXCLUDING the value of the bills?
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