Calculate the optimal order quantity

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The Warren W. Fisher Computer Corporation purchases 8,000 transistors each year as components in minicomputers. The unit cost of each transistor is $10 and the cost of carrying one transistor in inventory for a year is $3. Ordering cost is $30 per order. Assume that Fisher operates on a 200-days working year.Calculate:(a) the optimal order quantity (b) the expected number of orders placed each year (c) the expected time between orders

Reference no: EM132701417

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