Question: Verizon LTE 9:24 PM e docs.google.com 1a. A local nursery, Greens, uses 1560 bags of plant food a…

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Jun 13, 2022

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Question: Verizon LTE 9:24 PM e docs.google.com 1a. A local nursery, Greens, uses 1560 bags of plant food a…

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Verizon LTE 9:24 PM e docs.google.com 1a. A local nursery, Greens, uses 1560 bags of plant food annually. Greens works 52 weeks per year. It costs $10 to place an order for plant food. The annual holding cost rate is $5 per bag. What is the EOQ quantity? * Your answer 1b. If lead-time is 1 week, what is the reorder point?* Your answer 1c. What is the total cost to Greens (set up + holding cost) if it used the EOQ ordering policy?* Your answer
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Verizon LTE 9:24 PM e docs.google.com 1a. A local nursery, Greens, uses 1560 bags of plant food annually. Greens works 52 weeks per year. It costs $10 to place an order for plant food. The annual holding cost rate is $5 per bag. What is the EOQ quantity? * Your answer 1b. If lead-time is 1 week, what is the reorder point?* Your answer 1c. What is the total cost to Greens (set up + holding cost) if it used the EOQ ordering policy?* Your answer

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