Question: PHL assembles security monitors. It purchases 19,200 black-and-white cathode ray tubes per year at $60 each. Ordering costs are $144, and monthly carrying costs are
PHL assembles security monitors. It purchases 19,200 black-and-white cathode ray tubes per year at $60 each. Ordering costs are $144, and monthly carrying costs are $2 per unit. a) Determine the optimal quantity (2 points) - b) Find number of orders per year. (1 point) - c) If the supplier offer a price of $59.4 per tube for ordering 1600 tubes in a lot, would you evaluate and advise PHL to take advantage of the offer?
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