Question: D . Rick is also considering ordering 2 5 0 0 bags each time he places an order. What would the total costs of ordering
D Rick is also considering ordering bags each time he places an order. What would the total costs of ordering and holding costs per year at this rate per bag?
E Given his answers to parts ad Rick realizes that his answer in part a is actually the calculation of the EOQ. At the rate from Part a what are the total costs of inventory holding and ordering for Ricks ordering of flour as a percentage of the annual purchase cost?
F Since Ricks supplier only accepts order that are in thousand bag increments, how much should Rick order to minimize his total cost of bags.
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