Question: (Type 7, 5 points) A large print shop uses average of 246 boxes of copier paper per day. The firm operates 260 days a year.

(Type 7, 5 points) A large print shop uses average of 246 boxes of copier paper per day. The firm operates 260 days a year. Inventory carrying cost for a box of paper is $40 a year per box and it costs $200 to order and receive a shipment of paper. What would be the difference in total cost if an order quantity of 2000 is used instead of the EOQ.

Note: calculate the difference as total cost with Q = 2000 total cost with EOQ.

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