Question: Show work please Question #1: A large bakery buys sugar in 100-pound bags. The bakery uses an average of 1,344 bags per year. Ordering cost

Show work please Show work please Question #1: A large bakery buys

Question #1: A large bakery buys sugar in 100-pound bags. The bakery uses an average of 1,344 bags per year. Ordering cost is $3/order. Annual carrying costs are $14 per ger bag. The bakery operates 280 days per year. a) Determine the economic order quantity b) How many orders per year will there be? c) Compute the total minimum inventory cost. d) Determine the number of work-days in an order cycle. e) If the lead time is 5 days, calculate re-order point (ROP)

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