Question: ( a ) What are the optimal order quantity and the total inventory cost for Cyclorama given the data? ( b ) Rob is optimistic

(a) What are the optimal order quantity and the total inventory cost for Cyclorama given the data?
(b) Rob is optimistic about future demand. If annual demand becomes 3,000 frames, what is the impact on the optimal order quantity?
(c) What is the impact if the annual demand is 4,000 frames?
(d) In general, what happens to the order quantity and total inventory cost as demand increases?

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