Question

Asked Feb 26, 2019

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I need a detailed assistance to solve this problem in: Operations Analysis.

#4) A greengrocer has exactly 1,000 square feet available to display and sells 3 kinds of vegetables. The space consumed by each kind of vegetable is proportional to its cost, and tomatoes consume 0.5 square feet per pound. There is a $100 setup cost for replenishing any of the vegetables, and the interest rate is 25% per annum. The 3 vegetables for sale have the following data:

- Tomatoes: annual demand is 850 pounds and the cost per pound is $0.29.
- Lettuce: annual demand is 1280 pounds and the cost per pound is $0.45.
- Zucchini: annual demand is 630 pounds and the cost per pound is $0.25.
- a) - What is the optimal quantity for purchasing each vegetable (include all formulas)?

Step 1

**Compute the space consumed by Lettuce:**

Step 2

**Compute the space consumed by Zucchini:**

Step 3

**Compute the economic order quantity for to...**

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