Cookie Crumbles is a bakery that purchases bags of flour to make their cookies. Demand is...
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Cookie Crumbles is a bakery that purchases bags of flour to make their cookies. Demand is 42 bags of flour per week. The cost to hold a bag is $4 per year. The ordering cost is $30 per order. The flour supplier offers Cookie Crumbles tiered pricing options depending on the quantity ordered each time. The table below lists the prices for each bag and the quantity range. Range 1 - 99 100 - 199 200 - 299 300 or more Price $4.00 $3.80 $3.40 $3.00 a. What is the minimum common point for the ranges above? b. How many bags should Cookie Crumbles order when they need to resupply? Cookie Crumbles is a bakery that purchases bags of flour to make their cookies. Demand is 42 bags of flour per week. The cost to hold a bag is $4 per year. The ordering cost is $30 per order. The flour supplier offers Cookie Crumbles tiered pricing options depending on the quantity ordered each time. The table below lists the prices for each bag and the quantity range. Range 1 - 99 100 - 199 200 - 299 300 or more Price $4.00 $3.80 $3.40 $3.00 a. What is the minimum common point for the ranges above? b. How many bags should Cookie Crumbles order when they need to resupply?
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Lets analyze the information provided in the image Cookie Crumbles bakery demands 42 bags of flour per week The holding cost per bag is 4 per year and ... View the full answer
Related Book For
Operations Management
ISBN: 978-0071091428
4th Canadian edition
Authors: William J Stevenson, Mehran Hojati
Posted Date:
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