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Question 8 1 pts The law firm of Dewey, Cheatham and Howe, Esq. currently orders 42 cases of paper (Q) from their office supply source
Question 8 1 pts The law firm of Dewey, Cheatham and Howe, Esq. currently orders 42 cases of paper (Q) from their office supply source every time they order. Note that this is not the EOQ amount. The law firm incurs a holding cost of $27 per case and an ordering cost of $53 each time they place an order. If their annual demand is 523 cases, how much could they save each year by switching the order quantity to their economic order quantity (Q*)? Use your rounded Q for calculating total cost! Due to rounding, your exact answer may not appear below. Choose the closest answer! $92.98 $1226.98 $8.48 $3.50 $0
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