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A car rental agency uses 96 boxes of staples a year.

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Question

A car rental agency uses 96 boxes of staples a year. The boxes cost $4 each. It costs $10 to order staples, and carrying costs are $.80 per box on an annual basis. Compute the order quantity that will minimize the sum of ordering and holding boxes of staples

 

Paper#19367 | Written in 18-Jul-2015

Price : $17
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