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?
For question 3 part b please use this formula for TBO = (Quantity/Demand) * 52 (weeks in a year).