Big City Productions, Inc. buys 4,000 blank CDs per month for use in producing rap music. The ordering cost is $12.50. Holding cost is $0.12 per CDs per year. a. How many CDs should Big City order at a time? b. What is the expected time between orders?
Big City Productions, Inc. buys 4,000 blank CDs per month for use in producing rap music. The ordering cost is
$12.50. Holding cost is $0.12 per CDs per year.
a. How many CDs should Big City order at a time? b. What is the expected time between orders?
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