Our home construction company buys nails in 15-pound boxes


Our home construction company buys nails in 15-pound boxes. We use an average of 1507 boxes a year. The vendor that makes the nails can produce 45 boxes per day while our usage is 17 boxes per day. It costs $2.70 to place the typical order. Annual carrying costs are $0.15 per box. What will be our average number of boxes on hand if we order the EOQ bags in each order?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Our home construction company buys nails in 15-pound boxes
Reference No:- TGS02163534

Expected delivery within 24 Hours