A large pharmacy has an annual need for 480 units of a


A large pharmacy has an annual need for 480 units of a certain antibiotic. It costs $3 to store one unit for a year. The fixed cost of placing an order amounts to $31. Find the number of units that should be ordered at a time to minimize costs, and determine the number of orders per year.

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Operation Management: A large pharmacy has an annual need for 480 units of a
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