Question: Problem 12.17 Question Help M. Cotteleer Electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. One of the

Problem 12.17 Question Help M. Cotteleer
Problem 12.17 Question Help M. Cotteleer Electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. One of the components has an annual demand of 260 units, and this is constant throughout the year Carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order, a) To minimize cost, how many units should be ordered each time an order is placed? 93.47 units round your response to two decimal places). b) How many orders per year are needed with the optimal policy orders (round your response to two decimal places)

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