Question
Longhorn Traders is one of the largest RV dealers in Austin, Texas, and sells about 2,100 recreational vehicles a year. The cost of placing an
Longhorn Traders is one of the largest RV dealers in Austin, Texas, and sells about 2,100 recreational vehicles a year. The cost of placing an order with Longhorns supplier is $1,000, and the inventory carrying costs are $290 for each RV. The company likes to maintain safety stock of 12 RVs. Most of its sales are made in either the spring or the fall. How many orders should the firm place this year? (Round intermediate calculations to 2 decimal places, e.g. 15.25 and final answer to 0 decimal places, e.g. 15.) The firm will place ___ orders this year.
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