Question: this year based on past usage. When you place a purchase order, administrative costs to manage that order are $ 2 0 0 . LED

this year based on past usage. When you place a purchase order, administrative costs to manage that order are $200. LED light strands cost $20 each and your inventory holding rate is 20%. Lead time is 3 days and there are 360 days/year.
Calculate the following and round answers to the nearest whole number.
this year based on past usage. When you place a purchase

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