A car rental agency uses 96 boxes of staples a year.The boxes cost $4 each.It costs $10 to order staples,and holding costs are $0.80 per box on an annual basis.
Determine:
(i)the order quantity that will minimize the sum of ordering and holding boxes of staples
(ii)the annual cost of ordering and carrying the boxes of staples

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The Answer of A car rental agency uses 96 boxes of staples a year.The boxes cost $4 each.It costs $10 to order staples,and holding costs are $0.80 per box on an annual basis.
Determine:
(i)the order quantity that will minimize the sum of ordering and holding boxes of staples
(ii)the annual cost of ordering and carrying the boxes of staples

A Car Rental Agency Uses 96 Boxes of Staples a Year.The