What is the optimal order quantity, Finance Basics

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What is the optimal order quantity

Problem:

At Dot Com, a large retailer of popular bools, demand is constant at 18700 per year. The cost of placinf an order to replenish stock is $5, and the annual stock of holding is $5 per book. Stock is received 15 working days after an order has been placed. No backordering is allowed.

Required:

Question: What is the optimal order quantity?

Note: Provide support for your rationale.

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Finance Basics: What is the optimal order quantity

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Finance Basics: What is the optimal order quantity

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Recent Questions Asked Finance Basics

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Finance Basics: What is the optimal order quantity

Reference No:- TGS0880465

Recent Questions Asked Finance Basics

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