Yellow Press, Inc., buys paper in 1,500-pound rolls for printing. Annual demand is 2,000 rolls. The cost per roll is $500, and the annual holding cost is 20 percent of the cost. Each order costs $55. a. How many rolls should Yellow Press order at a time? Yellow Press should order 47 rolls at a time. (Enter your response rounded to the nearest whole number.). b. What is the time between orders? (Assume 365 workdays per year.) The time between orders is days. (Enter your response rounded to one decimal place.)
