Question: Meyer Stores carres a specialiy ine of flavored synups. One of the most popular of these is raspb…

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Jun 13, 2022

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Question: Meyer Stores carres a specialiy ine of flavored synups. One of the most popular of these is raspb…

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Meyer Stores carres a specialiy ine of flavored synups. One of the most popular of these is raspberry syrup which sells, on average, 15 botties per week Meyers cont is s9 per botte. Meyer has determined ts order cost to be $58 and inventory carryling cost is 20 percent. Meyer is open for business 52 weeks per year a. What is the EOQ for raspbery syrup? (Round up your answer to the next whole number) b. t Meyer orders the EOQ quantity each tme, what witl be the vventory bumover rate tor raspbeny syrup? (Ofent inventory turnover Annual sales in unis/ Average inventory in unit) Reund your anawer to 2 decimal places

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Meyer Stores carres a specialiy ine of flavored synups. One of the most popular of these is raspberry syrup which sells, on average, 15 botties per week Meyer's cont is s9 per botte. Meyer has determined ts order cost to be $58 and inventory carryling cost is 20 percent. Meyer is open for business 52 weeks per year a. What is the EOQ for raspbery syrup? (Round up your answer to the next whole number) b. t Meyer orders the EOQ quantity each tme, what witl be the vventory bumover rate tor raspbeny syrup? (Ofent inventory turnover Annual sales in unis/ Average inventory in unit) Reund your anawer to 2 decimal places

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