Question: The demand for beans is 6 6 0 0 cases per year ( each case has 2 4 ten - pound bags ) for Company

The demand for beans is 6600 cases per year (each case has 24 ten-pound bags) for Company B. Safety stock is 30 cases. The cases cost $4800 and it costs $5 per case to place an order. The holding cost is $40/case/year. The lead time to receive an order is seven days. Company B is open 300 days a year.What is their annual ordering cost if they order at their EOQ level? (SHOW ALL WORK)

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