Problem 13-3 A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag. a. Determine the economic order quantity. (Round your final answer to the nearest whole number.) Economic order quantity bags b. What is the average number of bags on hand

a) Economic order quantity = 18 bags

b) The average inventory = 9 bags

Explanation:

The Economic Order Quantity (EOQ) is the order quantity that minimizes the balance of holding cost and ordering cost. At the EOQ, the holding cost is exactly the same as the ordering cost.

It is calculated as follows:

EOQ = √(2× Co D)/Ch)

Co- ordering cost Ch - holding cost, D- annual demand

Co- 10, Ch- 75, D -  1,215

So we apply the formula:

EOQ =√ (2× 10 × 1215/75) =  18 bags

Economic order quantity = 18 bags

The average inventory = Order quantity/ 2

                                       = 18/2 = 9 bags

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

mark brainliest!

the answer is 10c + 6b = 32

step-by-step explanation: