Question: Please complete all work in excel. Use excel to make the calculations (cells can be clicked on to view any formulas used) and be sure
Please complete all work in excel. Use excel to make the calculations (cells can be clicked on to view any formulas used) and be sure to identify your answer, including units.
The manager of QuikStop (open 365 days a year) sells 40 cases of water each day. Order costs are $30 per order, and water costs $0.10 per bottle (each case of water contains 24 bottles). Daily holding costs are equal to 3 percent of the cost of the water. What is the economic order quantity for water?
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