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A produce distributor uses 760 packing crates a month, which it purchases at a cost of $10 each. The manager has assigned an annual carrying cost of 35 percent of the purchase price per crate. Ordering costs are $28. Currently the manager orders once a month.
How much could the firm save annually in ordering and carrying costs by using the EOQ? (Round intermediate calculations and final answer to 2 decimal places. Omit the "tiny_mce_markerquot; sign in your response.)
How many orders will Boboux Usa need to place to the parent company in New Zealand? Borboux USA sells New Zealand hand made leather balloons to American Customers. For one of their more popular lines, the manager estimates that
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