The supply of seats for an economics class at 10 a. m. is the same as the supply of seats for the same class at noon. every student who wants to attend this class at noon can, but not every student who wants to attend the 10 a. m. class can. tuition does not vary by time. it follows that the demand for the 10 a. m. class is the demand for the noon class.

Gibson's bodywork does automotive collision work. an insurance agency has determined that the standard time to replace a fender is 2.5 hours (i.e., "standard output" 0.4

Southeastern bell stocks a certain switch connector at its central warehouse for supplying field service offices. the yearly demand for these connectors is 15,000 units. southeastern estimates its annual holding cost for this item to be $25 per unit. the cost to place and process an order from the supplier is $75. the company operates 300 days per year, and the lead time to receive an order from the supplier is 2 working days.a) find the economic order quantity.b) find the annual holding costs.c) find the annual ordering costs.d) what is the reorder point?

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