Question: This test: 100 points) Test: TEST 3 Question 31 of 50 possible This questions Submit test point(1) possible Discount-Mart , a major East Coast retailer,

This test: 100 points) Test: TEST 3 Question 31
This test: 100 points) Test: TEST 3 Question 31 of 50 possible This questions Submit test point(1) possible Discount-Mart , a major East Coast retailer, wants to determine the economic order quantity for its halogen temps. It currently buys at halogen lampa from Specialty Lighting Manufacturers, in Atlanta Annual demand is 2,000 lamps, ordering cost per order is $0.80, carrying cost per lamp is $20. As part of its new JIT program, Discount-Mart has signed a long-term contract with Specialty Lighting and will place orders electronically for its halogen lampe a) What is the economic order quantity units per order (round your response to the nearest whole number). b) How many orders will be placed per year (round your response to the nearest whole number). c) What is the total annual cost of managing the Inventory with this policya s (round your response to the nearest whole number)

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