Flint Inc uses 81 kilograms of material Xper year. Material Xcosts $35.00 per kilogram. It...
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Flint Inc uses 81 kilograms of material Xper year. Material Xcosts $35.00 per kilogram. It costs $1.90 to place an order and $3.80 per kilogram to store material X. Currently, Flint is ordering material X in 13-kilogram batches. Is this the most economical order size? If not, what is the economic order quantity? How much will Flint save by using the EOQ? (Round answers to 2 decimal places, es. 125.74) Economic order quantity kilograms Flint will save $ per year e Textbook and Media
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