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Question 3 The complete Gardener is deciding on the economic order quantity for two brands of lawn fertilizer. Super Grow and Nature's Own. The following
Question 3 The complete Gardener is deciding on the economic order quantity for two brands of lawn fertilizer. Super Grow and Nature's Own. The following information is collected: FERTILIZER Super Grow Nature's Own 2,000 bags 1,280 bags 31,200 1,400 Annual demand Relevant ordering cost per purchase order Annual relevant carrying cost per bag 480 *560 Required: (1) Compute EOQ for Super Grow and Nature's own. (ii) For the EOQ, what is the sum of the total annual relevant ordering costs and total annual relevant carrying costs for Super Grow and Nature's own? (iii) For the EOQ, compute the number of deliveries per year for Super Grow and Nature's Own
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