Explain how long will each order last in months if the, Ask an Expert

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Q. Explain how long will each order last (in months) if the manager uses the Economic Order Quantity? Depend on info below.

A flower shop uses 800 clay pots a month. The pots are purchased at $2 each. Annual carrying prices are estimated at $0.60 per pot per yr also ordering prices are $20 per order. The manager has been presently using an order size of 1600 flower pots per order.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9311090

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