Question: Holding cost $ 4 / unit / year Ordering cost $ 3 2 per order Annual Demand 3 0 0 0 The manager of the
Holding cost $unityear
Ordering cost $ per order
Annual Demand
The manager of the Quick Stop Corner Convenience Store determined the above numbers for Stein Beer every year.
What is the ECONOMICAL ORDERING QUANTITY for the store to minimize total cost?
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