How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask linda_us Your Own Question
linda_us, Master's Degree
Category: Business and Finance Homework
Satisfied Customers: 7291
Experience:  A tutor for Business, Finance, Accounts and other related topics.
Type Your Business and Finance Homework Question Here...
linda_us is online now
A new question is answered every 9 seconds

I need some help with a supply chain question. Its an EOQ

This answer was rated:

I need some help with a supply chain question. Its an EOQ problem...
The demand for Alma Cola soft drink at Daisy Supermarket is 200 bottles every week. The setup cost for placing an order to replenish inventory is $12. The order is delivered by the Alma Cola supplier, which, for the cost of transportation, charges $0.05/bottle. That increases the cost of the drink to $1.15/bottle. The drink loses its freshness while stored at Daisy Supermarket. The annual holding cost is $2.3/bottle.
Determine how often the supermarket should order Alma Cola and what the size of each order should be. Explain how you have used the formula with the data given.

I think the excel formula is =SQRT((2*DEMAND*ORDERING_COSTS)/(CARRYING_COSTS))

but I still need help!
Thank you for requesting me. Please advise your deadline.
Customer: replied 3 years ago.

I need to turn this in tomorrow by midnight.

I am working on this.
linda_us and other Business and Finance Homework Specialists are ready to help you