Question: The answer to Part A this question refers to is an optimal order quantity of 4,030. Fred's Fresh Fruits has annual demand for fruit pulp

The answer to Part A this question refers to is an optimal order quantity of 4,030.

The answer to Part A this question refers to is

Fred's Fresh Fruits has annual demand for fruit pulp of 70,308 pounds. The purchasing price per pound is $5.40. It takes five weeks to receive a delivery of pulp after ordering (Fred chose alliteration over accuracy when naming his company). It costs Fred $217 to place each order and the annual carrying cost for Fred is 30 percent of the cost per pound. e. What is the resulting annual holding cost when the optimal quantity (part a) is ordered? Round intermediate calculations to 2 decimal places (e.g., $20.61) and your answer to the nearest whole number. Annual holding cost per year f. What is the resulting annual ordering cost when the optimal quantity (part a) is ordered? Round intermediate calculations to 2 decimal places (e.g., $20.61) and your answer to the nearest whole number. Annual ordering cost

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