An Application of Economic Order Quantity (EOQ) Model - Multiple Items

This video illustrates an application of Economic Order Quantity (EOQ) model for the case we consider multiple items. For multiple item case, we have two scenarios: (1) Order the items separately (2) Order the items jointly. We solve an example of ordering two types of ground coffee for a coffee shop, and compare the two scenarios (data are randomly generated).
It is recommended you to read the problem description at sites.google.com/su.edu/orkun... before you start watching the video.

[@Bruceta]

In fact, in my opinion you do not save any money ordering jointly, vs ordering separately, because the TC/box will be in both cases $7.50

[@anujnegi5478]

In joint order costing you incorrectly put holding of pumpink as .25 instead of .20