Question: Piddling Manufacturing assembles security monitors. It purchases 3,600 black-and-white cathode ray tubes a year at $65 each. Ordering costs are $31, and annual carrying costs

Piddling Manufacturing assembles security monitors. It purchases 3,600 black-and-white cathode ray

Piddling Manufacturing assembles security monitors. It purchases 3,600 black-and-white cathode ray tubes a year at $65 each. Ordering costs are $31, and annual carrying costs are 20 percent of the purchase price. Compute the optimal quantity and the total annual cost of ordering and carrying the inventory

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