Multiple Choice
Ready Tees,an online retailer of t-shirts,orders 100,000 t-shirts per year from its manufacturer.The carrying cost is $0.10 per shirt per year.The order cost is $500 per order.What is the optimal order quantity for the t-shirt inventory (rounded to the nearest dollar) ?
A) 1,581
B) 8,333
C) 15,841
D) 31,623
Correct Answer:
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