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Business, 25.04.2020 03:25 daisyramirez2057

Groundz Coffee Shop uses 4 pounds of a specialty tea weekly primarily due to local demand from CSUSM University students. Holding / Carrying costs are $1 per pound per week, or $52/year, because space is very scarce. It costs the firm $8 to prepare an order. Assume the basic EOQ model with no shortages applies. Assume 52 weeks per year, closed on Mondays. A Barista is planning her orders. How many days will there be between orders, assume 312 operating days, if Groundz practices EOQ behavior?

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