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Your family's house painting business has decided to try this EOQ thing you just learned in SCMS 3510. So you open the financials and note

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Your family's house painting business has decided to try this "EOQ thing" you just learned in SCMS 3510. So you open the financials and note the following information Three-year average paint consumption: 3420 gallons per year You use a small warehouse to hold your quipment and paint. From your cost accounting class, you estimate that your holding cost per gallon of paint is $0.85 per year. Buying the materials needed requires more time than you thought. The part-time person whose only function is to do all of your buying says that she processes 1640 purchase orders per year and her average pay has been $14290 per year. What is the EOQ for paint in gallons? (Your answer should be in whole gallons) Your

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