Mathematics, 04.08.2020 14:01 Chapo3760

Continuous Inc is deciding on the Economic Order Quantity for two brands of lawn fertilizers, Super Grow and Nature's Own. The following information is collected: Fertilizer Super Grow Nature's Own Annual Demand 2,000 bags 800 bags Order Cost/Order AED 1250 AED 2000 Carrying Cost/Unit 10% 10% You are required to: i) Compute EOQ for both Super Grow and Nature's Own. ii) At EOQ, what is the total ordering and carrying cost for Super Grow and Nature's Own?

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