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  3. 2) a big retailer needs 80 tons of macaroni each y

2) A big retailer needs 80 tons of macaroni each year. Buying price of macaroni...

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Finance

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2) A big retailer needs 80 tons of macaroni each year. Buying price of macaroni is 10 TL per kg. Holding cost of keeping macaroni at inventory is 10% of buying price. The acquisition cost per one order is 20 TL. Given this a) what is the optimal order b) How many orders must be given by the retailer during a year and at what intervals

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