Question: Henry Crouch's law office has traditionally ordered ink refils 70 units at a time. The firm estimates that carrying cost is 35% of the $12

Henry Crouch's law office has traditionally
Henry Crouch's law office has traditionally ordered ink refils 70 units at a time. The firm estimates that carrying cost is 35% of the $12 unit cost and that annual demand is about 235 units per year. The assumptions of the basic ECO model are thought to apply for what value of ordering cost would its action be optimal? a) For what value of ordering cost would its action be optimal? Its action would be optimal given an ordering cost of per order (round your response to two decimal placea)

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