Question: Use the following problem statement to answer questions 1 - 5 . The STU company buys 2 0 0 tapes per month. The ordering cost

Use the following problem statement to answer questions 1-5.
The STU company buys 200 tapes per month. The ordering cost of the tapes is $12.00. Holding cost is $3.00 per tape per year. Assume 300 working days a year and 12 months per year. No backordering is allowed. Stock is received 3 working days after an order has been placed. Round to four decimal places.
[Note: EOQ?S=QRT((2DSH)). Number of orders placed per year =DQ. Average cycle inventory =-Q2.TBO=(EOQD). Total inventory cost =(Q/2)(H)+(D/Q)(S).Q(Lot size); H(Holding cost per unit per year); D (Demand per year); S (Ordering cost); LT (Lead time)]
How many tapes should the company order at a time?
138.5641
94.0111
0
Question 2
Tips
5 pts
What is the length of order cycle?
99.0000
0.0577
Question 3
Tips
5 pts
What is the optimal number of orders placed per year?
17.3205
2.0000
 Use the following problem statement to answer questions 1-5. The STU

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