At Dot Com, a large retailer of popular books, demand is constant at 17,000 books per year. The cost of placing an order to replenish stock is $5, and the annual cost of holding is $5.00 per book. Stock is received 15 working days after an order has been placed. No backordering is allowed. Assume 275 working days a year. a. Dot Com's optimal order quantity is books. (Enter your response rounded to the nearest whole number)

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At Dot Com, a large retailer of popular books, demand is constant at 17,000 books per year. The cost of placing an
order to replenish stock is $5, and the annual cost of holding is $5.00 per book. Stock is received 15 working days
after an order has been placed. No backordering is allowed. Assume 275 working days a year.
a. Dot Com's optimal order quantity is books. (Enter your response rounded to the nearest whole number)
Transcribed Image Text:At Dot Com, a large retailer of popular books, demand is constant at 17,000 books per year. The cost of placing an order to replenish stock is $5, and the annual cost of holding is $5.00 per book. Stock is received 15 working days after an order has been placed. No backordering is allowed. Assume 275 working days a year. a. Dot Com's optimal order quantity is books. (Enter your response rounded to the nearest whole number)
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