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The mega-store chain HG (Home & Garden) imports decorative planters from Italy. The average weekly demand is 1,000 planters ( if a comma appears, interpret
The mega-store chain HG ("Home & Garden") imports decorative planters from Italy. The average weekly demand is 1,000 planters ( if a comma appears, interpret it as a thousand separator). Each planter costs $10 at HG. The cost of capital at HG is estimated at 25%. Each order from Italy costs HG $10,000 (freight, customs, inspection, etc.) Suppose there are 52 weeks in a year.
Calculate the QEC for HG. Round your final result to zero decimal places.
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