Question: can anyone help me solve b)? theres also a part c). thats asks calculate the total annual costs of using the EPQ. and part d).

can anyone help me solve b)? theres also a part c). thats asks "calculate the total annual costs of using the EPQ. and part d). that asks "calculate the penalty cost incurred with the present policy" that i need help solving for this question

Current Attempt in Progress Greener Pastures Incorporated (GP) produces a high-quality organic lawn food and weed eliminator called Super Green (SG). Super Green is sold in 50-pound bags. Monthly demand for Super Green is 77,500 pounds. Greener Pastures has capacity to produce 24,800 50-pound bags per year. The setup cost to produce Super Green is $270. Annual holding cost is estimated to be $3 per 50-pound bag Currently, GP is producing in batches of 2,500 bags. (a) Your answer is correct. Calculate the total annual costs of the current operating policy at GPI. (Round your intermediate calculations to 4 decimal places, and your final answer to 2 decimal places.) $ 29463 e Textbook and Media Attempts: 1 of 3 used Q 0 c g 23 e 1 (b) X Your answer is incorrect. Calculate the economic production quantity (EPO). (Round your intermediate calculations to 4 decimal places, and your final answer to 2 decimal places.) 1771.6518 bags eTextbook and Media Save for Later Attempts: 2 of 3 used Submit Answer (c) The parts of this question must be completed in order. This part will be available when you complete the part above. 99

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