You decide to bring your inventory management plan to the inventory manager of Dan's Pet Empurrium. Unfortunately, the inventory manager will not read your report and insists you calculate an EOQ model of ordering for the cloth used for the body of the hammock. The manager hands you a report with the summary figures below to help calculate the EOQ model. Annual Demand Ordering Cost Holding Costs Lead Time Cloth per hammock Required Rope per hammock Required5,321 hammocks per year $20,375 per order $91 per 100 yds of cloth per year 4 days 5 yards 2 yardsReport the optimal quantity to order. Round to the nearest unit.
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You decide to bring your inventory management plan to the inventory manager of Dan's Pet Empurrium....
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