Oil filters are consumed by a garage at fairly steady rate, Ask an Expert

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Oil filters are consumed by a garage at fairly steady rate of 100 per week. The filters cost the garage $15 per unit and it cost the garage $50 per order. Holding cost is 25% of the unit cost. Please determine the following:

Determine the optimal number of filters that need to be ordered each time are order is placed. (Note: The demand should be based on a 52 week)

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91521918

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