Business, 21.05.2021 17:40, sadie950

A jeweler purchases silver for use in its products. The firm uses 180 grams of silver per week and purchases silver for $2.6 per gram from a supplier. The cost to hold one gram of silver in inventory for one year is $0.52. Each time the firm orders silver from the supplier, the firm must pay a $12 order processing charge. Required:
What is the optimal order quantity (in grams)?

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A jeweler purchases silver for use in its products. The firm uses 180 grams of silver per week and p...