Question: answer Q',}'] Assignment 6- Week 10 - O X M Question 1 - Assignment 6- X or c 25 ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F %252Fconnect.mheducation.com%252Fconnect%252Fltiwr... Assignment 6- Week 10

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answer Q',}'] Assignment 6- Week 10 - O X M
Q',}'] Assignment 6- Week 10 - O X M Question 1 - Assignment 6- X or c 25 ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F %252Fconnect.mheducation.com%252Fconnect%252Fltiwr... Assignment 6- Week 10 o Saved Help Save & Exit Submit 1 A large law firm uses an average of 22 packages of copier paper a day. Each package contains 500 sheets. The firm operates 230 days a year. Holding cost for the paper is $1 per year per package, and ordering cost is $10 per order. 0.5 a. What order quantity would minimize total annual ordering and holding cost? (Round the final answer to the nearest whole points number.) EOQ packages g b. Calculate the total annual inventory control cost using your order quantity from part a. (Round the final answer to 2 decimal Book places.) & 1Cc $ Print c. Except for rounding, are annual ordering and holding costs equal at the EOQ? References O Yes O No d. The office manager is currently using an order quantity of 140 packages. The partners of the firm expect the office to be managed in a cost-efficient manner. Would you recommend that the office manager use the optimal order quantity instead of 140 packages? O Yes O No

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