a local nursery greens uses 1560 bags of plant food annually. Green works 52 weeks per year. It costs $10 to place an order for plant food. The...
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a local nursery greens uses 1560 bags of plant food annually. Green works 52 weeks per year. It costs $10 to place

an order for plant food. The annual holding cost rate is $5 per bag. Lead time is one week. (SHOW YOUR WORK)


(a) Calculate the economic order quantiyu

(b) Calculate the total annual costs and define Q

(c) Determine the reorder point

Top Answer

Question 1 EOQ = SQRT (2 Quantity Cost Per Order / Carrying Cost Per Order) SQRT... View the full answer

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