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Problem B (10 points) Jaunty Juices makes packaged juice drinks. Jaunty orders 150,000 cases of oranges per year from So-Cal Farms. You have the following
Problem B (10 points) Jaunty Juices makes packaged juice drinks. Jaunty orders 150,000 cases of oranges per year from So-Cal Farms. You have the following additional information: The average cost (in the purchasing and accounting departments) to place and process a single order with So-Cal Farms is $8. The average cost (in the factory) to receive and inspect a single order received from So-Cal Farm is $7. The average annual cost to hold a case of oranges in inventory is $8. The current purchase price of one case of oranges is $54. . Given the information above and using the techniques learned in class: How many cases should the purchasing manager order at the reorder point? Assuming Jaunty Juices purchases in the quantity determin ordering and carrying cases of oranges in inventory? a. b. ed in a, what's the total annual cost of
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