Videoworld is a discount store that sells color televisions. The annual demand for color televisionsets is 400. The cost per order from the manufacturer is $650. The carrying cost is $45 perset each year. The store has an inventory policy that allows shortages. The shortage cost per setis estimated at $60. Determine The optimal order size

Practical Management Science
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Author:WINSTON, Wayne L.
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Chapter2: Introduction To Spreadsheet Modeling
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Videoworld is a discount store that sells color televisions. The annual demand for color television
sets is 400. The cost per order from the manufacturer is $650. The carrying cost is $45 per
set each year. The store has an inventory policy that allows shortages. The shortage cost per set
is estimated at $60. Determine The optimal order size

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