Babble, Inc., buys 375 blank cassette tapes per month for use in producing foreign language courseware. The ordering cost is $10.25. Holding cost is S0.35 per cassette per year
a. How many tapes should Babble order at a time?
Babble should order 514 tapes at a time. (Enter your response rounded to the nearest whole number.)
b. What is the time between orders? The time between orders is months. (Enter your response rounded to one decimal place).