Question: question 5 Question (3.75 points) Panera Bread Chicago bakery purchases flour in 15-pound bags. Panera Bread uses! 5000 bags of flours each year. Carrying/holding costs

question 5 question 5 Question (3.75 points) Panera Bread

Question (3.75 points) Panera Bread Chicago bakery purchases flour in 15-pound bags. Panera Bread uses! 5000 bags of flours each year. Carrying/holding costs are $20 per bag per year. Ordering costs are estimated at $5 per order. Assume that Panera Bread Chicago bakery is open 250 days a year and its daily demand is estimated at 20 bags. It takes 5 days for each order of flour to be filled. What is the minimum inventory held in a given EOQ cycle? 2500 bags O 100 bags O 25 bags O O bags 50 bags

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