Question: Three-year average paint consumption:2000 gallons per year. You use a small warehouse to hold your equipment and paint. From your cost accounting class, you estimate

Three-year average paint consumption:2000 gallons
Three-year average paint consumption:2000 gallons per year. You use a small warehouse to hold your equipment and paint. From your cost accounting class, you estimate that your holding cost per gallon of paint is $2.15 per year. Buying the materials needed requires more time than you thought. The part-time person whose only function is to do all of your buying says that she processes 1330 purchase orders per year and her average pay has been $19200 per year. What is the EOQ for paint in gallons? (Your answer should be in whole gallons)

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