FIN 355- Group Assignment #1 Group Number/ Student Name/ Student Name/ Student Name/ Student Name/ Student Name ID/ ID/ ID/ ID ID/ Question / A company is attempting to determine the economic order quantity for glass used in the production of windows. 3,000 ponds of glass were used at a constant rate last period. Each order represents an ordering cost of $50. Carrying costs are $30 per pond over the 100-day planning period. A-What is the economic order quantity? B- The company has determined that it takes only 5 days to receive the order of glass after the placement of the order. When should the company order more glass