Multiple Choice
In economics, the most economical quantity Q of goods (TVs, dress, gallons of paint, etc.) for a store to order is given by Wilson's lot size formula , where K is the cost of placing the order, M is the number of items sold per week, and h is the weekly holding costs for each item (the cost of storage space, utilities, taxes, security, etc.) . Calculate
for
,
, and
. Round your answer to two decimal places.
A)
B)
C)
D)
E)
Correct Answer:
Verified
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