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Business, 30.11.2020 18:00 samueltaye

A bakery buys flour in 25-pound bags. The bakery uses 1,215 bags a year. Ordering cost is $10 per order. Annual carrying cost is $75 per bag. a. Determine the economic order quantity. b. What is the average number of bags on hand

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A bakery buys flour in 25-pound bags. The bakery uses 1,215 bags a year. Ordering cost is $10 per or...
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