Question
The Trektronics store begins each month with 800 phasers in stock. This stock is depleted each month and reordered. The carrying cost per phaser is
The Trektronics store begins each month with 800 phasers in stock. This stock is depleted each month and reordered. The carrying cost per phaser is $29 per year and the fixed order cost is $525. a. What is the total carrying cost? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. What is the restocking cost? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c. Calculate the economic order quantity. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. Calculate the optimal number of orders per year. (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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