Business, 21.04.2020 18:06 pantojaiv90

A produce distributor uses 790 packing crates a month, which it purchases at a cost of $10 each. The manager has assigned an annual carrying cost of 39 percent of the purchase price per crate. Ordering costs are $31. Currently the manager orders once a month. How much could the firm save annually in ordering and carrying costs by using the EOQ?

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A produce distributor uses 790 packing crates a month, which it purchases at a cost of $10 each. The...

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