Question: Please help solve, show your work. Babble, Inc., buys 405 blank cassette tapes per month for use in producing foreign language courseware. The ordering cost

Please help solve, show your work.
Babble, Inc., buys 405 blank cassette tapes per month for use in producing foreign language courseware. The ordering cost is $10.25. Holding cost is $0.10 per cassette per year. a. How many tapes should Babble order at a time? Babble should order 998 tapes at a time. (Enter your response rounded to the nearest whole number.) b. What is the time between orders? The time between orders is 2.5 months. (Enter your response rounded to one decimal place.)Step by Step Solution
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