Benefit would using optimal order quantity yield

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Garden Variety Flower Shop uses 890 clay pots a month. The pots are purchased at $3.70 each. Annual carrying costs per pot are estimated to be 50 percent of cost, and ordering costs are $30 per order. The manager has been using an order size of 1,000 flower pots.

b) Other than cost savings, what benefit would using the optimal order quantity yield (relative to the order size of 1,000)? in percentage

Reference no: EM13781415

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