Course Solutions Uncategorized (Answered) : Produce Distributor Uses 782 Packing Crates Month Purchases Cost 10 Manager Assigned Annu Q28027659

(Answered) : Produce Distributor Uses 782 Packing Crates Month Purchases Cost 10 Manager Assigned Annu Q28027659

A produce distributor uses 782 packing crates a month, which it purchases at a cost of $10 each. The manager has assigned an annual carrying cost of 31 percent of the purchase price per crate. Ordering costs are $30. Currently the manager orders once a month 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 response.) Savings per year

A produce distributor uses 782 packing crates a month, which it purchases at a cost

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