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 tubes a year at $65 each. Ordering costs are $31, and annual carrying costs are 20 percent of the purchase price.
The optimal quantity is ? ___________________.
cathode ray tubes (round to the nearest whole number). The total annual cost of ordering and carrying the inventory is ?_________. (round to the nearest dollar).
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
