Question: I need help figuring out the steps to solve part b. Garden Variety Flower Shop uses 750 clay pots a month. The pots are purchased

I need help figuring out the steps to solve part b.

Garden Variety Flower Shop uses 750 clay pots a month. The pots are purchased at $2 each. Annual carrying costs per pot are estimated to be 30 percent of cost, and ordering costs are $20 per order. The manager has been using an order size of 1.500 flower pots. a. What additional annual cost is the shop incurring by staying with this order size? (Round your intermediate calculations and final answer to 2 decimal places.) Answer is complete and correct. Additional annual cost $ 105.24 b. Other than cost savings, what benefit would using the optimal order quantity yield? (Round your answer to the nearest whole percent.) Answer is complete but not entirely correct. About 50 % of the storage space would be needed

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