Groundz Coffee Shop uses 200 pounds of a specialty tea weekly; Each pound costs $10. Carrying costs are $1 per pound per
Posted: Sun Jul 03, 2022 5:23 pm
Groundz Coffee Shop uses 200 poundsof a specialty tea weekly; Each pound costs $10.Carrying costs are $1 per pound per weekbecause space is very scarce. It costs the firm$250 to prepare an order. Assume the basicEOQ model applies. Assume 50 weeks per year.How many days will there be between orders (assume 350 operatingdays in a year) if Groundz practices EOQ behavior?