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A local landscaping company, Evergreen, uses 4 5 6 0 bags of plant food annually. Evergreen works 5 0 weeks per year, 7 days a
A local landscaping company, Evergreen, uses
bags of plant food annually. Evergreen works weeks per year, days a week. It costs $to place an order for plant food. The annual holding cost rate is $
per bag. It takes days to receive an order after order placement
how many bags should Evergreen order each time to minimize total cost?
what is the reorder point? Explain what the calculated reorder suggests.
if you received the quantity of economic order today, how many days later you should place the order again?
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