1. Discount-Mart, a major Eats Coast retailer, wants to determine the economic order quantity for its halogen lamps. It currently buys all halogen lamps from Specialty Lighting Mfg, Inc., in Atlanta. Annual demand is 2,000 lamps, ordering cost is $30/order, carrying cost per lamp is $12.
a. What is the EOQ?
b. Wat are the total annual costs of holding and ordering
c. How many orders should D-M place with Specialty Lighting per year?