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( EOQ ) Garden Variety Flower shop uses 7 5 0 clay pots a month. The pots are purchased at $ 2 each. Annual carrying
EOQ Garden Variety Flower shop uses clay pots a month. The pots are purchased at $
each. Annual carrying costs per pot are estimated to be of cost Ordering costs are $
per order.
a How much should the store order at one time?
b How many times per year should the store order?
c How many months should be between two consecutive orders?
d What is the stores minimum total monthly cost without considering purchase cost
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