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Business, 19.12.2019 19:31 ameliaduxha7
Bakery a uses 80 bags of chocolate chips each year. the chocolate chips are purchased from a supplier for a price of $80 per bag and an ordering cost of $20 per order. bakery a’s annual inventory holding cost percentage is 40%. if bakery a chooses an order quantity of 10 bags, what are its ordering and holding costs per year expressed as a percentage of their annual purchasing cost?
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