Miniature Company sells stuffed tigers.Birtal Inc.manufactures many different stuffed animals.Miniature orders 20,800 tigers per year,400 per week,at $15 per tiger.The manufacturer covers all shipping costs.Miniature earns 15% on its cash investments.The purchase-order lead time is 3 weeks.Miniature sells 310 tigers per week.The following data are available (based on management's estimates): $\begin{array}{cr}\text { Estimated ordering costs per purchase order }&\$22\
\text { Estimated insurance, materials handling, breakage, }\
\text { and so on, per year } & \$ 7 \
\text { Actual ordering costs per order } & \$ 25
\end{array}$ What is the economic order quantity using the estimated amounts?

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The Answer of Miniature Company sells stuffed tigers.Birtal Inc.manufactures many different stuffed animals.Miniature orders 20,800 tigers per year,400 per week,at $15 per tiger.The manufacturer covers all shipping costs.Miniature earns 15% on its cash investments.The purchase-order lead time is 3 weeks.Miniature sells 310 tigers per week.The following data are available (based on management's estimates): $\begin{array}{cr}\text { Estimated ordering costs per purchase order }&\$22\
\text { Estimated insurance, materials handling, breakage, }\
\text { and so on, per year } & \$ 7 \
\text { Actual ordering costs per order } & \$ 25
\end{array}$ What is the economic order quantity using the estimated amounts?

Miniature Company Sells Stuffed Tigers What Is the Economic Order Quantity Using the Estimated Amounts