Question: You recently started working at a sporting goods store. You estimate the costs of unloading a truck and putting the surfboards away to be $
You recently started working at a sporting goods store. You estimate the costs of unloading a truck and putting the surfboards away to be $ per order. The space consumed by each surfboard is valued at $ per week. You have averaged selling surfboards per year.
Your manager purchases canoes in quantities of Instead you suggest ordering by Economic Order Quantity.
If you ordered in EOQ quantities instead of the quantities ordered by your manager, how much money would you save each year?
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