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Business, 06.05.2020 22:15 twinchristiansp4xhd2
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
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A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Prepari...
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