FreshDirect buys flour in 25-pound bags for use in the bakery department. The bakery uses an average
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Question:
1. Determine the economic order quantity.
2. How many orders per year will there be?
3. Calculate the total annual cost of ordering and holding flour.
Related Book For
Operations Management
ISBN: 978-0071091428
4th Canadian edition
Authors: William J Stevenson, Mehran Hojati
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