Question: ( b ) Assume that the demand for a certain item is 5 0 0 units per year and that the fixed ordering cost is

(b) Assume that the demand for a certain item is 500 units per year and that the fixed ordering cost is $14 per order.
(i) Find a formula for Q as a function of the carrying cost h.
Select its graph. We do not expect the carrying cost for this paryicular item ever to exceed $25.
(b) Assume that the demand for a certain item is 500

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