The Candy Shack has a monthly demand of 245 bags of Watermelon Slices. They pay $11.39...
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The Candy Shack has a monthly demand of 245 bags of Watermelon Slices. They pay $11.39 for each box of candy which contains 16 bags for sale. Their ordering costs are $40. Holding costs are negligible but they do pay 13% annually on the money they borrow to make such purchases. What is the annual demand-in terms of boxes? (Display your answer to the nearest whole number.) What is the materials costs-per bag? (Display your answer to two decimal places.) What is the economic order quantity (EOQ)-in terms of bags? (Display your answer to the nearest whole number.) The Candy Shack has a monthly demand of 245 bags of Watermelon Slices. They pay $11.39 for each box of candy which contains 16 bags for sale. Their ordering costs are $40. Holding costs are negligible but they do pay 13% annually on the money they borrow to make such purchases. What is the annual demand-in terms of boxes? (Display your answer to the nearest whole number.) What is the materials costs-per bag? (Display your answer to two decimal places.) What is the economic order quantity (EOQ)-in terms of bags? (Display your answer to the nearest whole number.)
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