Question: b ) Caravan Engineering uses the following formula to determine how many temperature probe casings to order: Qo = square root of ( 2 DS

b) Caravan Engineering uses the following formula to determine how many temperature probe casings to order: Qo = square root of (2DS/H) or Q_O=(2DS/H)
where Qo is the order quantity, D is the annual demand, S is the ordering cost, and H is the annual holding cost per unit. The firms annual demand is four hundred units, the ordering cost is thirty six dollars, and the annual holding cost is two dollars per unit. The firms inventory manager wants to calculate the order quantity.

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