12-17: Keith Smart has been in the building business for most of his life Keithâ??s biggest competit

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12-17: Keith Smart has been in the building business for most of his life Keith’s biggest competitor is Delta Birch Through many years of experience, Keith knows that the ordering cost for an order of plywood is $150 and that the carrying cost is 25% of the unit cost Both Keith and Delta receive plywood in loads that cost $600 per load Further- more, Keith and Delta use the same supplier of plywood, and Keith was able to find out that Delta orders in quantities of 300 loads at a time Ken also knows that 300 loads is the EOQ for Delta What is Delta’s annual demand, in loads of plywood?

Identify the important information needed to be able to solve the problem

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