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Business, 19.09.2019 18:20 natalie857123

Assume that wal-mart buys a particular television set for $95. the cost of placing an order for a shipment of tvs is $25. the cost of keeping inventory for wal-mart is 20% per year. they expect to sell an average of 600 tv sets in a year, at a fairly steady rate. how many sets should they buy to minimize their total annual cost? given your answer, would you think it reasonable to change it to a more convenient number? if so, to what and why? by how much would this change the total cost?

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