Problem $12-3($Static$)$

A large bakery buys flour in $25-$pound bags. The bakery uses an average of $1,215$ bags a year. Preparing an order and receiving a shipment of flour involves a cost of $$10$ per order. Annual carrying costs are $$75$ per bag.

a$.$ Determine the economic order quantity. $($Round your final answer to the nearest whole number.$)$

b$.$ What is the average number of bags on hand? $($Round your final answer to the nearest whole number.$)$

c$.$ How many orders per year will there be$?($Round your final answer to the nearest whole number.$)$

d$.$ Compute the total cost of ordering and carrying flour. $($Round your final answer to the nearest whole number.$)$

e$.$ If annual holding costs were to increase by $$9$ per bag, how much would that affect the minimum total annual cost? $($Round your intermediate calculations to $2$ decimal places and final answer to $2$ decimal places.$)$

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