Question: Question 19 2 points Save Answer A coffee business orders paper cups by the carton, with each carton costing $10. The company uses an average

Question 19 2 points Save Answer A coffee

Question 19 2 points Save Answer A coffee business orders paper cups by the carton, with each carton costing $10. The company uses an average of 50 cartons per week (assume that there are 52 weeks per year, for simplicity), with a standard deviation of 12 per week. The fixed cost to place an order, independent of the order quantity, is $35 per order; the annual holding cost for inventory is estimated to be 25% of inventory value. If the company seeks to order in lot sizes (order quantities) that minimize the total annual holding plus ordering costs, how many should they order at a time? a. 1 to 100 units b. 101 to 200 units c. 201 to 300 units d. 301 to 400 units O e. more than 400 units

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