Reference no: EM132233802

Rapid Grower, the supplier of plant food for Greens, has offered the following quantity discounts. If the nursery places orders of 50 bags or less, the cost per bag is $20. For orders greater than 50 bags but less than 100 bags, the cost per bag is $19. For orders of 100 bags or more, the cost is $18 per bag. Greens estimates its holding cost to be 25 percent of the unit price.

a. What is the EOQ ordering quantity at $18 a bag?

b. What is the EOQ ordering policy at $19 a bag? *

c. Is the EOQ ordering policy at $19 a bag feasible? *

d. What is the total cost associated with the EOQ policy at $19 a bag? (include item cost in your total cost calculation)

e. What is the total cost associated with ordering 100 bags at a time? (include item cost in your calculation)

f. How many bags should Greens order at a time?

All that was given no futher or prior information