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Question 2 (16 points) Houltor consumes sixty bearings each day of the year. A member of the buying staff is responsible to manage inventory of

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Question 2 (16 points) Houltor consumes sixty bearings each day of the year. A member of the buying staff is responsible to manage inventory of this item. The time delay between ordering bearings and their arrival is two days. Annual cost of storage is $22 per bearing and the cost of ordering is $180. If Houlton wants to minimize total annual cost, determine how many times each year it needs to order and how far apart in days on an average these orders will be provided the company works 300 days in a year? Show work for credit Paragraph ... B V I O UA +

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