Question: Q1. Yeonwoos Organic Pet Shop sells about 4,000 bags of free-range dog biscuits every year. The fixed ordering cost is $15. And the cost of

Q1. Yeonwoos Organic Pet Shop sells about 4,000 bags of free-range dog biscuits every year. The fixed ordering cost is $15. And the cost of holding a bag in inventory for a year is $2.

a. What is the economic order quantity for the bags of biscuits?

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