145k views
3 votes
Bakery A uses 60 bags of flour each month. The flour is 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 to use the economic order quantity for flour purchases, how many orders will be placed with the supplier each year?

User Wyll Sales
by
5.3k points

1 Answer

5 votes

I don't what the answer is but I will look for it

User Pratik Fagadiya
by
4.7k points