Question: Problem 1 2 - 6 ( Algo ) A produce distributor uses 7 8 9 packing crates a month, which it purchases at a cost

Problem 12-6(Algo)
A produce distributor uses 789 packing crates a month, which it purchases at a cost of $12 each. The manager has assigned an annual carrying cost of 38 percent of the purchase price per crate. Ordering costs are $30. Currently the manager orders once a month.
How much could the firm save annually in ordering and carrying costs by using the EOQ? (Round intermediate calculations and final answer to 2 decimal places.)
Savings
per year
Problem 12-6(Algo) A produce distributor uses 789 packing crates a month,

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