Calculate the optimal order quantity

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Assignment:

Calculate the optimal order quantity (Q*) or a particular type of blue jeans, ordered to stock the shelves of a local retailer. Suppose the demand for these jeans is 100 pairs per month, and the ordering cost is $15 per order. If the holding cost is $0.50 per pair of jeans per month, what is the optimal order quantity?

Reference no: EM133917733

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