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Discant Mat, a major East Coast retailer, wants to determine the economic order quantity for its halogen lampes It currently buys all halogen lamps
Discant Mat, a major East Coast retailer, wants to determine the economic order quantity for its halogen lampes It currently buys all halogen lamps from Specialty Lighting Manufacturers in Atlanta Annual demand is 2.400 lamps unding cost order is $ 80, carrying cost per lamp is 120. As part of its new JIT program, Decount-Mart has signed a long term contract with Specialty Lighting and will place onders electronically for its halogen lamps units per order (ound your response to the nearest whole number) aj What is the quantity? b) How many orders will be placed per year (und your ponse to the nearest whole number What is the total annual cost of managing the inventory with this policy? Spound your response to the newest whole number)
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