Question: Styles Ed NOTE: YOU MUST SHOW YOUR WORK COMPUTATION TO EARN FULL CREDIT The Garden-variety flower shop uses 3600 clay pots per year. The pots

Styles Ed NOTE: YOU MUST SHOW YOUR WORK
Styles Ed NOTE: YOU MUST SHOW YOUR WORK COMPUTATION TO EARN FULL CREDIT The Garden-variety flower shop uses 3600 clay pots per year. The pots are purchased at $12 cach. The monthly carrying cost per unit is estimated to be 15% of the item purchase cost, and ordering costs are $35 per order. (A) (8 points) Determine the economic ordering quantity (E0Q). (B) (2 points) If EOQ is used for ordering, what will be the total ordering cost per year? (C) (10 points) What will be the additional cost in a year for ordering 300 units per order instead of ordering a quantity equal to EO

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