Illustrate what can you say about the present lot size

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Reference no: EM1399093

Q. A neighbourhood sportswear store sells a pair of Victoria sneakers for $40. Due to the recent fitness craze, these shoes are in high demand: 50 pairs of shoes are sold per week. The ordering cost is $20 per order and the annual holding cost is 20% of selling price. If the store operates 52 weeks a year, illustrate what can you say about the present lot size of 235?

Reference no: EM1399093

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