The demand of paper box every year is 6,400 boxes. Storage and handling costs for the paper are $40 a year per box, and
Posted: Sun Jul 03, 2022 1:31 pm
The demand of paper box every year is 6,400 boxes.Storage and handling costs for the paper are $40 a year per box,and it costs approximately $80 to order and receive a shipment of apaper box.
a.
What order size would minimize the sum of annualordering and carrying costs? (3 points)
b.
Compute the total annual cost using your order size frompart a. (3 points)
please show work
a.
What order size would minimize the sum of annualordering and carrying costs? (3 points)
b.
Compute the total annual cost using your order size frompart a. (3 points)
please show work