(Answered) : Chapter 14 Inventory Management meet daily trans action needs. Linda Davis, the operations manager, estimates that cash will be ne

Chapter 14 Inventory Management meet daily trans action needs. Linda Davis, the operations manager, estimates that cash will be needed next month. She has estimated that the cost to order and store each shipment of cash from the Federal Reserve Board will be shipment. First City Bank is open for business. 250 days each year. The ban lated carrying cost for cash is 0.65 percent per month. (That is, each dollar helá in the bank’s vault costs $0.0065 per month in foregone profits.) a. How much should Linda order from the Federal Reserve Board each time a 4、 First City