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A local nursery, Greens, uses 1800 bags of plant food annually. Greens works 50 weeks per year. It costs $12 to place an order for
A local nursery, Greens, uses 1800 bags of plant food annually. Greens works 50 weeks per year. It costs $12 to place an order for plant food. The annual holding cost rate is $6 per bag. Lead time is 2 week. Each bag of plant food costs $23. List the following (0.5 each) A = Annual Demand S - Ordering Cost (per order) C = Unit Cost H = Annual Holding Cost/Unit L = Lead Time
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