Kurt wonders if he can optimize the number of orders of ketchup he places in a given year. The EOQ…

Kurt's Kitchen orders 1,000 packages of ketchup per month to meet customer demand. Kurt used all of the ketchup packages in the given month. The ketchup ordering cost is $50 per order, while the ketchup carrying cost is $0.02 per package. Kurt wonders if he can optimize the number of orders of ketchup he places in a given year. The EOQ for ketchup is 7,746 2,236 480 155

"Is this question part of your assignment? We can help"

ORDER NOW