Use the following information to answer the next few questions. Be sure to show your calculations and put an X by your final answer to receive full credit, Note: For the square root sign, use SQRT(with numbers under square root sign in parantheses following SQRT), i.e. SQRT(4) 2. A local bike store has an annual demand of 1500 bikes, and is open 300 days each year. Currently the store places 3 orders a year, ordering 500 boxes in each order. However, they have hired you, an expert on inventory management, to determine if they can reduce their annual inventory costs
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