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v The Allianz Company produces a specialty wood furnitore product, and has the following information available concerning its inventory items Relevant ordering costs per purchase

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The Allianz Company produces a specialty wood furnitore product, and has the following information available concerning its inventory items Relevant ordering costs per purchase order $450 Relevant carrying costs per year for each package. Required annual return on investment 15% Required other costs per year $4 Annual demand is 30,000 packages per year. The purchase price per package is $50. 1. What is the economic order quantity? 2- What are the relevant total costs if 1.200 units are ordered each time? 3. How many deliveries will be required if the company orders 1,250 each time

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