Economic ordering quantity (eoq). the gentry garden center sells 100,000 bags of lawn fertilizer annually. the optimal safety stock (which is on hand initially) is 1,500 bags. each bag costs the firm $2.00, inventory carrying costs are 15%, and the cost of placing an order with its supplier is $15. (4 pts) what is the eoq? what is the maximum inventory of fertilizer? what will be the firm’s average inventory? how often must the company order?

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.