Question: please show steps to solve problem Please solve the following problems related to Inventory Management 1. A produce distributor uses 3700 packing crates per year.

please show steps to solve problem Please solve

please show steps to solve problem

Please solve the following problems related to Inventory Management 1. A produce distributor uses 3700 packing crates per year. The manager has assigned an annual carrying cost of $10 per crate. Ordering cost is $50. (a) How much is the order quantity based on EOQ model? (b) How much is the total cost using EOQ model

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