Question: Jecto Co . Ltd . is a new specialty store that sells television sets, videotape recorders, video games, and other television - related products. A

Jecto Co. Ltd. is a new specialty store that sells television sets, videotape recorders, video games, and other television-related products. A new Japanese-manufactured videotape recorder costs Jecto Co. Ltd $1750. Jecto Co. Ltds annual holding cost rate is 12%. Ordering Costs are estimated to be $4120 per order. Jecto Co. Ltd operates for 235 working days per year with a lead time of 8 days on each order.
a. If demand for the new videotape recorder is expected to be constant with a rate of 435 units per month, what is the recommended order quantity for the video recorder?
b. What are the estimated annual inventory holding and ordering costs associated with this product?
c. How many orders will be placed per year?
d. What is the cycle time for this product.?
e. What is the reorder point?

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