Babble, Inc., buys 375 blank cassette tapes per month for use in producing foreign language courseware. The ordering cost is $10.25. Holding cost is $0.11 per cassette per year. a. How many tapes should Babble order at a time? Babble should order 916 tapes at a time. (Enter your response rounded to the nearest whole number.) b. What is the time between orders? The time between orders ismonths. (Enter your response rounded to one decimal place,)

Babble, Inc., buys 375 blank cassette tapes per month for use in producing foreign language courseware. The ordering cost is $10.25. Holding cost is $0.11 per cassette per year. a. How many tapes should Babble order at a time? Babble should order 916 tapes at a time. (Enter your response rounded to the nearest whole number.) b. What is the time between orders? The time between orders ismonths. (Enter your response rounded to one decimal place,)

 

Solution

As per given

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