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(C b. C. d. b. C. d. a. 375 750 1000 Yes a. 213.75 1727.54 1000 No A large law firm uses an average

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(C b. C. d. b. C. d. a. 375 750 1000 Yes a. 213.75 1727.54 1000 No A large law firm uses an average of 250 packages of copier paper a day. The firm operates 300 days a year. Holding cost for the paper is $ 16 per year per package, and ordering cost is $15 per order. a.Calculate the EOQ. b.Calculate the total annual cost using the EOQ. c.The office manager is currently using an order quantity of 500 packages instead of the EOQ. Calculate the total annual cost using 500 packages as the quantity. d.The partners of the firm expect the office to be managed in a cost-efficient manner. Would you recommend that the office manager use the economic order quantity instead of 500 packages? (A) b. C. a. 375 6000 6250 d. Yes B b. C. a. 140625 1125008 6250 d. No

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