Elucidate how much should be ordered each time to minimize

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Q. Evaluate how organizational functions of marketing impact also determine structure of Home Depot?

Q. They Hatch'em, You Scratch'em, We Catch's, Pet products company has an annual demand of 2,000 flea collars. Each collar costs $1.75 in quantities of less than 700 also $1.35 in quantities of 700 of more. Ordering costs are $12.00 per order. Holding costs of inventory are 24% of purchase price per year. Elucidate how much should be ordered each time to minimize total cost?

Reference no: EM1376625

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