Business, 24.12.2021 14:00 sushiboy668

Hothouse Plc uses 5,000 glass panels a month in its assembly line and reorders 4,000 glass panels in each new order. The annual carrying cost per panel is £3 and the fixed order cost is £60. i. What is the optimal order quantity for Hothouse Plc? (3 marks)

ii. How much could the company save annually by changing the order quantity?

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