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Business, 11.09.2019 23:30 mxrvin1350

Ray’s satellite emporium wishes to determine the optimal order size for its best-selling satellite dish (model ts111). ray has estimated the monthly demand for this model to be 230 units. this model costs ray $396 to purchase from his supplier. his annual cost to carry inventory is 10% and he estimates that orders cost $38 to process. if ray used an order quantity of 2000 instead of the optimal order quantity, how much money would he be wasting each year?

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