12-1.	Basic EOQ Question:
The inventory manager of ABC, Ltd., wants to order flour for its bakery in a cost effective manner.
The bakery uses an average of 12,000 bags a year. Preparing an order and receiving a shipment of flour
involves a cost of $40 per order. Annual carrying costs are $37.50 per bag.
REQUIRED:
a.	Determine the economic order quantity.
b.	What is the average number of bags on hand?
c.	How many orders will there be per year?
d	Compute the total cost of ordering and carrying flour per year.
e.	If ordering costs were to increase by $2 per order, how much would that affect the minimum
	annual total cost?

DO NOT COPY FROM OTHER CHEGG QUESTIONS - and please dont write on paper, type please.. i cant read the hand writing