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Question 5 (4 points) A local nursery, Greens, uses 1560 bags of plant food annually. Greens works 52 weeks per year. It costs $10 to

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Question 5 (4 points) A local nursery, Greens, uses 1560 bags of plant food annually. Greens works 52 weeks per year. It costs $10 to place an order for plant food. The annual holding cost rate is $5 per bag. Lead time is 1 week. Each bag of plant food costs $28. List the following (4 Marks total) EOQ & Total Cost of EOQ (Ordering + Holding)

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