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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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explain the series of steps involved and various factor effecting location decion?
Indicate the major categories of information you would expect to find in a project review
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