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M . Cotteleer Electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. One of the components has an
M Cotteleer Electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. One of the
components has an annual demand of units, and this is constant throughout the year. Carrying cost is estimated to be $ per unit per year, and the
ordering setup cost is $ per order.
a To minimize cost, how many units should be ordered each time an order is placed? units round your response to two decimal places
b How many orders per year are needed with the optimal policy?
orders round your response to two decimal places
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