How frequently will orders be placed if the eoq is used

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Reference no: EM133381909

Question: Assume you own a company that sells Bird Feeders like Example 2, chapter 9. Your new employee tells you that if you buy the bird feeders in bulk, they will be much cheaper, and you do not have to worry about ordering every month. Explain how you discuss your solutions and approach without discouraging your new employee from developing more good ideas in the future. (your answers must be between 350 to 450 words. Shorter or longer statements, even by one word, will not be accepted.) Example 3 Reminder: For the bird feeders in Example 2, calculate the EOQ and its total annual cycle-inventory cost. How frequently will orders be placed if the EOQ is used?

Reference no: EM133381909

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