Temporarily,ignore your work on questions 2,3,and 4.Low's luck at the race track is over; he now must borrow money to finance his inventory of nails.Looking at the situation outlined in question 1,assume that the wholesale cost of nails is $40 per keg and that Low must pay interest at the rate of 1.5% per month on the unsold inventory.What is his new EOQ?

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The Answer of Temporarily,ignore your work on questions 2,3,and 4.Low's luck at the race track is over; he now must borrow money to finance his inventory of nails.Looking at the situation outlined in question 1,assume that the wholesale cost of nails is $40 per keg and that Low must pay interest at the rate of 1.5% per month on the unsold inventory.What is his new EOQ?

Temporarily,ignore Your Work on Questions 2,3,and 4