Find the value of n to determine optimal order quantity

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Reference no: EM13718117

Find the value of n to determine optimal order quantity?

Equation:

PV = { 20000*1/N + 25 + 20000*.15/ 2n^2} {1/N 1-[(1+.03)/(1+.12)]^1/n }

D = 20,000

C = $1.00

F = $25.00

h = $0.15

r = 12%

f = 3%

n = ?

Reference no: EM13718117

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