Question: The Demand for beans is 6 6 0 9 Cases per year ( each case has 2 4 ten - pound ) for Company B

The Demand for beans is 6609 Cases per year (each case has 24 ten-pound) 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 it $40 per case per 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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