Question: PLEASE MAKE SURE ANSWER IS CORRECT! WILL UPVOTE :) Problem 13.14 The Goodstone Tire Company produces brand of tire called the Rainpath. The annual demand

PLEASE MAKE SURE ANSWER IS CORRECT! WILL UPVOTE :)
Problem 13.14 The Goodstone Tire Company produces brand of tire called the Rainpath. The annual demand at its distribution center is 10,500 tires per year. The transport and handling costs are $3,000 each time a shipment of tires is ordered at the distribution center. The annual carrying cost is $3.80 per tire. (a) Determine the optimal order quantity and the minimum total annual cost. (Round answers to 2 decimal places, e.g. 52.52.) Optimal order quantity Minimum total annual cost $Step by Step Solution
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