Question: The average demand is 5 0 0 per week. It costs $ 5 0 to place an order. The weekly inventory cost is 3 0
The average demand is per week. It costs $ to place an order. The weekly inventory cost is of the product cost per unit. The cost of the product depends on the quantity of orders. It is $ when you order less than units, $ when you order between and units, and $ when you order more than units. What is your optimal order quantity if you want to order between and units?
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