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Matthew Liotine's Dream Store sells beds and assorted supplies. His best selling bed has an annual demand of 400 units. Ordering cost is 40; holding

Matthew Liotine's Dream Store sells beds and assorted supplies. His best selling bed has an annual demand of 400 units. Ordering cost is 40; holding cost is $5 per unit per year. a. To minimize the total cost, how many units should be ordered each time an order is placed? b. If the holding cost per unit was $6 instead of $5, what should be the optimal order quantity? Hint: EO

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