Question: Please complete all work in excel. Use excel to make the calculations The manager of QuikStop (open 365 days a year) sells 50 cases of
Please complete all work in excel. Use excel to make the calculations
The manager of QuikStop (open 365 days a year) sells 50 cases of water each day. Order costs are $20 per order, and water costs $0.15 per bottle (each case of water contains 24 bottles). Daily holding costs are equal to 4 percent of the cost of the water. What is the economic order quantity for water?
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