Question: Question 2 0 / 1 pts A large bakery buys flour in 50-pound bags. The bakery uses an average of 7,157 bags a year. Preparing

Question 2 0 / 1 pts A large bakery buys flour in
Question 2 0 / 1 pts A large bakery buys flour in 50-pound bags. The bakery uses an average of 7,157 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $16.7 per order. Annual carrying costs are $13.4 per bag. The bakery holds 38 bags of flour in inventory as safety stock. What is the total annual cost of holding and ordering inventory of flour? swered 3,634,5755 Answer 2,298.9449 margin of error +/-0.001

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