yesikkandiah yesikkandiah

10-02-2024
Mathematics

contestada

A flower shop uses 270 clay pots a month. The pots are purchased for $2 each. Annual holding cost is estimated to be 32 percent of purchase cost, and ordering cost is $22 per order. The manager has been using an order quantity of 270 flower pots.

a. Calculate the EOQ. (Round the final answer to the nearest whole number.)

b. Calculate the EOQ’s total annual inventory control cost. (Round the final answer to 2 decimal places.)

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