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A local nursery, Greens, uses 2184 bags of plant food annually. Greens works 52 weeks per year. It costs $8 to place an order for plant food. The annual holding cost rate is $2 per bag. Lead time is two weeks.
a. Calculate the economic order quantity
b. Calculate the total annual cost
c. Determine the reorder point
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what is the significant of microfinance?
If the time order of production has not been recorded in a set of data from a process is it possible to detect the presence of assignable causes?
1. Grapple Industries has 1,000 full-time and part-time employees who manufacture parts for hand tools. Company policy states that part-time employees are not eligible for overtime
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