Question: Please help me answer A-C 1 Chapter 16 - JIT, TPS, Lean Operations (5 Pts) 2 3 Discount Mart, a major East Coast retailer, wants

Please help me answer A-C 1 Chapter 16 - JIT, Please help me answer A-C

1 Chapter 16 - JIT, TPS, Lean Operations (5 Pts) 2 3 Discount Mart, a major East Coast retailer, wants to the determine the economic order quantity (see Chapter 12 for EOQ formulas) for its halogen lamps. It currently 4 buys all halogen lamps from Specialty Lighting Manufacturers in Atlanta. Annual demand is 2,000 lamps, ordering cost per order is $30, and annual carrying cost 5 per lamp is $12. 6 7 a) What is the EOQ? 8 b) What are the total annual costs of holding and ordering (managing) this inventory? 9 c) How many orders should Discoun Mart place with Specialty Lighting per year? 10 11 12 13 14

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