A sporting goods store expects to sell 120 tennis rackets during the next year. It costs $2.55 to store one tennis racket for one year. To reorder, there is a fixed cost of $17, plus $1.60 for each tennis racket ordered. In what lot size and how many times per year should an order be placed to minimize inventory costs

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.