A large law firm uses an average of 16 boxes of copier, Operation Management

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A large law firm uses an average of 16 boxes of copier

A large law firm uses an average of 16 boxes of copier paper a day. The firm operates 260 days a year. Storage and handling costs for the paper are $5.20 a year per box, and it costs approximately $100 to order and receive a shipment of paper. What is the optimal order quantity (EOQ)?

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Operation Management: A large law firm uses an average of 16 boxes of copier

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Operation Management: A large law firm uses an average of 16 boxes of copier

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