A local nursery, Greens, uses 1,780 bags of plant food annually. Greens works 52 weeks per year. It costs $12 to place an order for plant food. The Annual holding cost rate is $5 per bag. Lead time is one week. Calculate the economic order quantity. (Round your answer to 1 decimal place)
A local nursery, Greens, uses 1,780 bags of plant food annually. Greens works 52 weeks per year. It costs $12 to place an order for plant food. The Annual holding cost rate is $5 per bag. Lead time is one week. Calculate the economic order quantity. (Round your answer to 1 decimal place)
Chapter8: Production And Costs
Section8.4: Costs Of Production: Total, Average, Marginal
Problem 1ST
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