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Part $1$

$$Discount$-$Mart, a major East Coast$$ retailer, wants to determine the economic order quantity for its halogen lamps. It currently buys all halogen lamps from Specialty Lighting$$ Manufacturers, in Antigonisch. Annual demand is $$lamps$,$ ordering cost per order is $$$$,$ and carrying cost per lamp is $$$$.$ As part of its new JITLOADING... $$program$,$ Discount$-$Mart has signed a$$ long$-$term contract with Specialty Lighting and will place orders electronically for its halogen lamps. Ordering costs will drop to$$ $$0\mathrm{.}50$ per$$ order, but$$ Discount$-$Mart also reassessed its carrying costs and raised them to$$ $$20$ per lamp. How do your answers to the above two situations provide insight into a JIT purchasing$$ strategy?

Part $2$

The economic order quantity

$$

from

$$

enter your response here to

$$

enter your response here$,$ and deliveries

$$

from

$$

enter your response here to

$$

enter your response here. The total annual costs of holding and ordering$($managing$)$ this inventory changed from

$$

enter your response here to

$$

enter your response here. Thus the annual costs of holding and ordering$($managing$)$ this inventory is

$$

$($Round your responses to the nearest whole$$ number.$)$