Annual carrying costs per pot are estimated

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Garden Variety Flower Shop uses 750 clay pots a month. The pots are purchased at $2 each. Annual carrying cost per pot are estimated to be 30 percent of the cost and ordering costs are $20 per order. The manager has been using an order size of 1500 flower pots.

If order-lead time is one week (ie 0.25 month) what is the re-order point?

Reference no: EM1389994

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Annual carrying costs per pot are estimated : Garden Variety Flower Shop uses 750 clay pots a month. The pots are purchased at $2 each. Annual carrying cost per pot are estimated to be 30 percent of the cost and ordering costs are $20 per order

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