Question: The Bread Boutique, a popular local bakery, uses 2 , 0 0 0 bags of flour per week. Its key supplier for flours and grains
The Bread Boutique, a popular local bakery, uses bags of flour per week. Its key supplier for flours and grains charges a $ delivery fee for each order. The head baker wants to buy as much flour at a time as he can but also wants to limit the total annual inventory costs. He knows his holding costs are roughly percent of the purchase price, which is around $ At the economic order quantity for flour what are the annual ordering costs? Round to decimal places
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