Question: 3 . Management does not use an economic criterion, like EOQ, to determine planting quantity. Rather, they have stated that they want to plant a
Management does not use an economic criterion, like EOQ, to determine planting quantity. Rather, they have stated that they want to plant a minimum of a years worth of highvolume and two years worth of low volume trees at a time. The idea is to order the years supply target plus an amount needed to make up the difference between the minimum and current inventory position. For those tree types that are below the minimum level calculated in part calculate a proposed planting quantity. Create an additional column in the table for the proposed planting quantity.
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