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 2350 boxes a year. The vendor that makes the nails can produce 35 boxes per day while our usage is 13 boxes per day. It costs $1.30 to place the typical order. Annual carrying costs are $0.65 per box.

What will be our average number of boxes on hand if we order the EOQ bags in each order? (Keep up to two decimal places in your answer)

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Financial Management: Our home construction company buys nails in 15-pound boxes
Reference No:- TGS02163599

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