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A local distributor for a national tire company expects to sell approximately 9,600 steel belted radial tires of a certain size and tread design next

A local distributor for a national tire company expects to sell approximately 9,600 steel belted radial tires of a certain size and tread design next year. Annual carrying cost is $16 per tire, and ordering cost is $75. The distributor operates 288 days a year.

i.What is the Economic Order Quantity?

ii.How many times per year does the store reorder?

iii.What is the length of an order cycle?

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