Question: Help with B please At Dot Com, a large retailer of popular books, demand is constant at 18,700 books per year. The cost of placing
Help with B please
At Dot Com, a large retailer of popular books, demand is constant at 18,700 books per year. The cost of placing an order to replenish stock is $15, and the annual cost of holding is $2.00 per book. Stock is received 2 working days after an order has been placed. No backordering is allowed. Assume 325 working days a year.
a. Dot Com's optimal order quantity is 530 books. (Enter your response rounded to the nearest whole number.)
b. The optimal number of orders per year is ____ orders. (Enter your response rounded to the nearest whole number.)
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