Question: answer 6 & 7 Chapter 12 , problem 6 . A produce distributor uses 800 packing crates a month, which it purchases at a cost
answer 6 & 7
Chapter 12 , problem 6 . A produce distributor uses 800 packing crates a month, which it purchases at a cost of $10 each. The manager assigned an annual carrying cost of 35 percent of the purchase price per crate. Ordering costs are $28. Current manager orders once a month. What is the total cost of current policy? 1371 1576 1736 1952 QUESTION 6 Chapter 12, problem 6 What is the EOQ of this problem? 392 397 405 413 QUESTION 7 Chapter 12, Problem 6 How much could the firm save annually in ordering and carrying costs by using the EO
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