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AV City stocks and sells a particular brand of laptop. It costs the firm $ 6 2 5 each time it places an order with

AV City stocks and sells a particular brand of laptop. It costs the firm $625 each time it places an order with the manufacturer for the laptops. The cost of carrying one laptop in inventory for a year is $130. The store manager estimates that total annual demand for the laptops will be 1500 units, with a constant demand rate throughout the year. Orders are received within minutes after placement from a local warehouse maintained by the manufacturer. The store pol- icy is never to have stockouts of the laptops. The store is open for business every day of the year except Christmas Day. Determine the following:
a. Optimal order quantity per order
b. Minimum total annual inventory costs
c. The number of orders per year
d. The time between orders (in working days)

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