Question: Please answer with detailed calculations , good formatting and explanations else a downvote will be given. Submit the solution only if the answer is 100%

Please answer with detailed calculations , good formatting and explanations else a downvote will be given. Submit the solution only if the answer is 100% correct else skip for other tutor. otherwise wrong answer will be reported for unprofessionalism.

Please answer with detailed calculations , good formatting and explanations else a

Jack is managing a bike store. Suppose the demand for a Giant Mountain Bike is 50 per week. The unit cost is $1000. Every time Jack order from Giant, he has to pay the fix shipping fee of $600. The capital cost for Jack is 1% per month. How many should Jack order to minimize the total inventory cost if the order quantity does not have to be integer? A 200.33 B. 100.25 C. 154.92 D. 50.5

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