Question: 2. A local farmer has requested the business 351 class to help him determine the optimal level of production of organic fertilizer for commercial farmers

2. A local farmer has requested the business 351
2. A local farmer has requested the business 351 class to help him determine the optimal level of production of organic fertilizer for commercial farmers which is created by a blend of pg. cow and horse manure. The farm operates 210 days per year, but due to the natural process can only produce 300 pounds of finished fertilizer per day. The annual demand for fertilizer is 2,300 pounds. The farmer has determined that the cost of an order is $125.00 and the annual holding cost is four hundred dollars per 100 pounds. Determine the following: The optimal order size The total cost associated with the optimal order quantity Number of operating days between orders The number of operating days to fill an order Maximum inventory level Number of production runs

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