Mamasab Bakery orders and distributes ready-made chocolate muffin to local bakeries all over Malaysia. They buy...

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Mamasab Bakery orders and distributes ready-made chocolate muffin to local bakeries all over Malaysia. They buy their muffin from a well-known bakery in Kelantan. Muffins are ordered in lots that require quantities of 300 units per order, and each order costs RM18 to make. Demand for muffins is 6, 000 units per month and the carrying cost is RM0.80 per muffin. What is the economic order quantity for Mamasab Bakery if the muffins are ordered i. ii. iii. in lot sizes? How many times Mamasab Bakery would needs to place orders per year? Calculate the total inventory cost if Mamasab Bakery orders at optimum quantity? Mamasab Bakery orders and distributes ready-made chocolate muffin to local bakeries all over Malaysia. They buy their muffin from a well-known bakery in Kelantan. Muffins are ordered in lots that require quantities of 300 units per order, and each order costs RM18 to make. Demand for muffins is 6, 000 units per month and the carrying cost is RM0.80 per muffin. What is the economic order quantity for Mamasab Bakery if the muffins are ordered i. ii. iii. in lot sizes? How many times Mamasab Bakery would needs to place orders per year? Calculate the total inventory cost if Mamasab Bakery orders at optimum quantity?