Question: The Happy Place sells custom - order gift sets for all occasions. The company uses a continuous review system to manage its gift set inventories.

The Happy Place sells custom-order gift sets for all occasions. The company uses a continuous review system to manage its gift set inventories. Annual demand is 12,000 gift sets, and the cost to place an order is $75. Suppose the holding cost is $5.00 per gift set per year.
A) How many gift sets should The Happy Place order at a time? Show all your work (4 marks)
The Happy Place sells custom-order gift sets for all occasions. The

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