Find the value of n to determine optimal order
Find the value of n to determine optimal order quantity?
Equation:
PV = { 20000*1/N + 25 + 20000*.15/ 2n^2} {1/N 1-[(1+.03)/(1+.12)]^1/n }
D = 20,000
C = $1.00
F = $25.00
h = $0.15
r = 12%
f = 3%
n = ?
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