Jensen Autos, one of the largest car dealers in Eau Claire, sells about 700 vehicles a year. The cost of placing an order with their supplier is $1,100, and the inventory carrying costs are $120 for each car. Most of their sales are in late fall of each year. How many orders will the dealer need to place this year?
A) 4 orders
B) 5 orders
C) 6 orders
D) 7 orders
Correct Answer:
Verified
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