2. (Total 25 points) The Garden-variety flower shop uses 9600 clay pots per year. The pots are purchased at $25 each. The annual holding costs are estimated to be 5.2% of unit cost, and
ordering costs are $60 per order.
(A) (10 points) Determine the economic ordering quantity (EOQ).
(B) (3 points) If EOQ is used for ordering, what will be the total holding cost per year?
(C) (2 points) What is the length of ordering cycle in days?
(D) (10 points) What will be additional cost per year if the manager adopts a policy of
ordering 800 units per order?

Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?