Kelvin Shoe Stores Carries A Basic Black Dress Shoe For Men That Sells At A Rat

1.) Kelvin Shoe Stores carries a basic black dress shoe for men that sells at a rate of 500 each quarter.  Their current policy is to order 500 per quarter, with a fixed cost of $30/order.  The annual holding cost is 20% of the cost of items held.  The following cost structure is applicable:

 

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