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A local distributor for a national tire company expects to sell approximately 9,330 tires of a certain size and tread design next year. Annual carrying
A local distributor for a national tire company expects to sell approximately 9,330 tires of a certain size and tread design next year. Annual carrying cost is $15 per tire and ordering cost is $83. The distributor operates 287 days a year. c. What is the length of an order cycle? (Round your answer to two decimal points.) Answer is complete but not entirely correct. d. What will the total annual carrying and ordering cost be if the EOQ quantity is ordered? (Round your answer to a whole number.)
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