A food processor uses approximately 5329 glass jars a month. Becaue of storage limitations, a lotsize of 1460 jars has been used. Monthly holding cost is $0.65 per jar, and ordering cost is $32.5 per order. What penality (per month) is the company incurring by using its present order quantity? O a. 593.1 O b. 474.5 . O d. 118.6 The distribution of daily demand for party cakes at a bakery is shown in the following table: Relative Frequency Demand 0.04 16 0.06 25 0.08 39 0.01 45 0.12 52 0.3 63 0.11 85 0.28 100 Determine the optimal number of cakes to make each day if labour and material are estimated to cost $34.3 per unit. Cakes are sold for $49 per unit, and leftover cakes at the end of the day are sold next day at half price. O a. 100 O b. 63 O c. 45 O d. 52 O e. 85 A food processor uses approximately 5329 glass jars a month. Becaue of storage limitations, a lotsize of 1460 jars has been used. Monthly holding cost is $0.65 per jar, and ordering cost is $32.5 per order. What penality (per month) is the company incurring by using its present order quantity? O a. 593.1 O b. 474.5 . O d. 118.6 The distribution of daily demand for party cakes at a bakery is shown in the following table: Relative Frequency Demand 0.04 16 0.06 25 0.08 39 0.01 45 0.12 52 0.3 63 0.11 85 0.28 100 Determine the optimal number of cakes to make each day if labour and material are estimated to cost $34.3 per unit. Cakes are sold for $49 per unit, and leftover cakes at the end of the day are sold next day at half price. O a 100 O b. 63 O c. 45 O d. 52 O e. 85