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Problem 1 2 - 5 ( Algo ) Garden Variety Flower Shop uses 8 1 0 clay pots a month. The pots are purchased at
Problem Algo Garden Variety Flower Shop uses clay pots a month. The pots are purchased at $ each. Annual carrying costs per pot are estimated to be percent of cost and ordering costs are $ per order. The manager has been using an order size of flower pots. aWhat additional annual cost is the shop incurring by staying with this order size? Round your optimal order quantity to the nearest whole number. Round all other intermediate calculations and your final answer to decimal places. Additional annual cost bOther than cost savings, what benefit would using the optimal order quantity yield relative to the order size of Use the rounded order quantity from Part a Round your final answer to the nearest whole percent.
Problem Algo
Garden Variety Flower Shop uses clay pots a month. The pots are purchased at $ each. Annual carrying costs per pot are
estimated to be percent of cost and ordering costs are $ per order. The manager has been using an order size of flower
pots.
aWhat additional annual cost is the shop incurring by staying with this order size? Round your optimal order quantity to the nearest
whole number. Round all other intermediate calculations and your final answer to decimal places.
Additional annual cost
bOther than cost savings, what benefit would using the optimal order quantity yield relative to the order size of Use the
rounded order quantity from Part a Round your final answer to the nearest whole percent.
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