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Babble, Inc., buys 425 blank cassette tapes per month for use in producing foreign language courseware. The ordering cost is $11.75. Holding cost is $0.11
Babble, Inc., buys 425 blank cassette tapes per month for use in producing foreign language courseware. The ordering cost is $11.75. Holding cost is $0.11 per cassette per year. a. How many tapes should Babble order at a time? Babble should order tapes at a time. (Enter your response rounded to the nearest whole number.) b. What is the time between orders? The time between orders is | months. (Enter your response rounded to one decimal place.)
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