Scenario 10.1 – Bubble and SqueakThe rising popularity of bu…

Scenario 10.1 – Bubble and SqueakThe rising popularity of bubble and squeak as a breakfast item on the menu has resulted in a steady demand for peas. Over the course of the past week, 457 patrons have ordered the hearty breakfast and each serving contains a half cup of English peas. It costs four cents to hold a half cup of peas in inventory for a year and $15 to place an order (remember they come all the way from England!). It takes three weeks to ship a container from England loaded with peas.What is the cost of the inventory policy (excluding cost of goods) if the diner orders at the economic order quantity?