A flower shop uses 250 clay pots a month. The pots are purchased for $2 each. Annua1
Question:
a, Calculate the EOQ.
b. Calculate the EOQ’s total annual inventory control cost.
c. What additional annual inventory control cost is the shop incurring by using tire current order quantity?
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Step by Step Answer:
D 250 pots month 12 months year 3000 pots year Price 2 pot H 230 60 ...View the full answer
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Related Book For 
Operations Management
ISBN: 978-0071091428
4th Canadian edition
Authors: William J Stevenson, Mehran Hojati
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