1. Annually a bookstore sells about 900 copies of The Art of the Steal. The cost of the book is $20 and the cost of ordering a batch of books from the publisher is $16. The annual cost of holding a book is estimated at about 10% of the cost of the book. The economic order quantity for this situation is:
2. What problems you feel are found in the organization (use your own current or former organization) and what remedies may be necessary to fix the problems.