A shoe store orders shoes from the manufacturer and sells them at a mall. Storing shoes at the store costs $9 per shoe pair for a year. When reordering shoes from the manufacturer, there is a fixed cost of $12 per order as well as $3 per shoe pair. The retail store sells 4000 shoe pairs each year.
Find a function that models the total inventory costs as a function of the number of shoe pairs in each order from the manufacturer.
Find a function that models the total inventory costs as a function of the number of shoe pairs in each order from the manufacturer.
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