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Company A purchases cases of fertilizer for its lawn-care business from a supplier who charges Company A $30 per order and $50 per case. Each
Company A purchases cases of fertilizer for its lawn-care business from a supplier who charges Company A $30 per order and $50 per case. Each case consists of five bags of fertilizer and the order size must be an integer multiple of five bags. Company A needs 2000 bags of fertilizer a year. Company As annual holding costs are 30%. What would be the order quantity that minimizes annual ordering and holding costs?
Group of answer choices
40 cases
30 cases
20 cases
50 cases
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