Question: Please show your work for the EOQ IM.72 The Candy Shack has a monthly demand of 130 bags of Watermelon Slices. They pay $11.17 for

Please show your work for the EOQ
IM.72 The Candy Shack has a monthly demand of 130 bags of Watermelon Slices. They pay $11.17 for each box of candy which contains 28 bags for sale. Their ordering costs are $85. Holding costs are negligible but they do pay 12% annually on the money they borrow to make such purchases. What is the annual demandin terms of boxes? (Display your answer to the nearest whole number.) 56 What is the materials costsper bag? (Display your answer to two decimal places.) .40 What is the economic order quantity (EOQ)in terms of bags? (Display your answer to the nearest whole number.) Number Submit Assignment Quit & Save Back Question Menu Next OBI W 12:19 PM 10/28/2020Step by Step Solution
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