Question: Problems 4 . 6 Demand for an item is constant at 1 0 0 units a year. Unit cost is 5 0 , reorder cost

Problems 4.6 Demand for an item is constant at 100 units a year. Unit cost is 50, reorder cost is 40 and holding cost is 40% of value ayear. Any demand that occurs when no stock remains is lost. What is the minimum selling price that makes it profitable tostock the item?

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