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please find EOQ and provide the steps you took! 9) Mama Mia's Pizza purchases its pizza delivery boxes from a printing supplier. Mama Mia's delivers
please find EOQ and provide the steps you took!
9) Mama Mia's Pizza purchases its pizza delivery boxes from a printing supplier. Mama Mia's delivers on-average 210 pizzas each month (assume deterministic demand). Boxes cost 42 cents each, and each order costs $12 to process. Because of limited storage space, the manager wants to charge inventory holding at 18% of the cost. The lead time is six days, and the restaurant is open 360 days per year, assuming 30 days per month. Determine the economic order quantity, reorder point assuming no safety stock, number of orders per year, and total annual cost. Plot the cost curves and highlight the EOQ. (15 Points)itStep by Step Solution
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