A produce distributor uses 720 packing crates a month, which it
purchases at a cost of $10 each. The manager has assigned an annual
carrying cost of 35 percent of the purchase price per crate.
Ordering costs are $28. Currently the manager orders once a
How much could the firm save annually in ordering and carrying
costs by using the EOQ? (Round intermediate calculations
and final answer to 2 decimal places. Omit the "$" sign in your
$ per year
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