Show all your math steps. Failure to do so will result in points being lost. Mia recently bought a car worth $20,000 on loan with an interest rate of 6.6%. She made a down payment of $1,000 and has to repay the loan within two steps. Have to show work
years (24 months). Calculate her total cost. Finding the total cost takes two steps

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.