Babble, Inc., buys 405 blank cassette tapes per month for use in producing foreign language courseware. The ordering cost is ​$15.00. Holding cost is ​$0.25 per cassette per year. a. How many tapes should Babble order at a​ time?

The appropriate solution is "764".

Explanation:

Given:

Demand per month,

D = 405

or,

  =

  =

Ordering cost,

S = $15

Holding cost,

H = $0.25

As we know,

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or,

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