Boyer & Verma Complete Chapter 6, questions 1 and 3

A .Calculate the annual holding cost plus the annual ordering cost to get the total annual cost when using an order quantity of 200 boxes.

b. Calculate the EOQ and the total annual cost for this order.

Hottenstein, Griffith, and Hult, attorneys at law, do a great deal of printing. The firm uses a single type of printer with annual demand for print cartridges of 480 per year. The order cost is $15 per order, and carrying cost of $35 per cartridge.

a. How many print cartridges should the firm order at one time? 

b. What is the time between orders?