Question: :- The demand for IPhone is 8,750 units per month. Apple co. incurs a fixed order placement, transportation, and receiving cost of $1,000 each time

:- The demand for IPhone is 8,750 units per month. Apple co. incurs a fixed order placement, transportation, and receiving cost of $1,000 each time an order is placed. Each IPhone costs the company $50 and the retailer has a holding cost of 11 percent from ordering cost.

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