(Answered) Omar harris receives 5000 tripods annually from top grade

Management Studies

Omar Harris receives 5,000 tripods annually from Top Grade suppliers to meet his annual demand. Omar runs a large photographic outlet, and the tripods are used primarily with 35 mm cameras. The ordering cost is $15 per order, and the carrying cost is $0.50 per unit per year. Weekly demand is 100 tripods. $ What is the optimal order quantity?

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Business Management, Management Studies

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