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What should the company do to minimize its total inventory

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1. Grimms Inc. expects total sales of $10,000. The price per unit is $5. The firm estimates an ordering cost of $7.50 per order, with an inventory carrying cost of $0.70 per unit. What should the company do to minimize its total inventory costs per unit?

2. You purchased a $100 Face Value T-bill at $99.80. If you held the T-bill to maturity and returned a 8038% yield how long did you hold the T-bill?

3. If you bought a T-bill at $99.44 and held it for 180 days what would your return be?

Reference no: EM133167190

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