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David and Beth Sheba Run a Health Food Store

question 10

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David and Beth Sheba run a health food store.Their top selling item is called Heavenly Kelp.The annual demand for this is 810 units, and demand is constant throughout the year.The cost of placing an order is $20, while the holding cost per unit per year is $4.
(a)How many orders per year should be placed if they wish to minimize their total cost?
(b)What is the minimum possible annual holding and ordering cost?


Definitions:

Prejudice

A preconceived opinion or judgment, often negative, about someone or something, usually not based on reason or actual experience.

Intervention

Actions or processes intervening to improve a situation or condition, often used in the context of health, education, or social services.

Violent Television

Content on television that portrays physical force intended to harm or kill, often influencing viewers' behavior and perceptions.

Violent Cartoons

Animated content that features acts of aggression or violence, often a topic of concern regarding its impact on children's behavior.

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