FIN303_-_SU_2024_-_RE_2451.webp
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FIN303_-_SU_2024_-_RE_2451.webp

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Kizspy | Question: 47
(Choose 1 answer)
Jensen Autos, one of the largest car dealers in Eau Claire, sells about 700 vehicles a year. The cost of placing an order with their supplier is $1,100, and the inventory carrying costs are $120 for each car. Most of their sales are in late fall of each year. What is the number of cars per order? Round your final answer to the nearest whole number.
A. 80 cars
B. 101 cars
C. 58 cars
D. 113 cars

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