Solution-Compute eoq for both super grow and nature own

Compute eoq for both super grow and nature own

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Reference no: EM132596125

Continuous Inc is deciding on the Economic Order Quantity for two brands of lawn fertilizers, Super Grow and Nature's Own.

The following information is collected:

Fertilizer

Super Grow Nature's Own

Annual Demand 2,000 bags 800 bags

Order Cost/Order AED 1250 AED 2000

Carrying Cost/Unit 10% 10%

You are required to:

Question i) Compute EOQ for both Super Grow and Nature's Own.

Question ii) At EOQ, what is the total ordering and carrying cost for Super Grow and Nature's Own?

Reference no: EM132596125

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Compute eoq for both super grow and nature own

Reference no: EM132596125

Reference no: EM132596125

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