A store sells about 360 calculators peryear. It would cost the store $8 to store one...

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A store sells about 360 calculators peryear. It would cost thestore $8 to store one calculator for the whole year. On the otherhand, it costs $10 each time the store reorders the calculators,plus $8for each calculator. How many times per year should thestore reorderthe calculators and how many at a time to minimizeinventory costs?

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PARTaLet x be the number of items per orderYearly carrying cost yearly storage cost per    See Answer
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