Business, 08.04.2021 19:40 donmak4015
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.) 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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