+1-415-670-9189
info@expertsmind.com
Compute the total cost of lording and carrying flour
Course:- Business Economics
Reference No.:- EM13891919




Assignment Help
Assignment Help >> Business Economics

A large bakery buys flour in 25-pound bags. The bakery uses an average of 4,900 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag.    

1. Compute the total cost of lording and carrying flour. (Round your answer to 2 decimal places)

2. If holding costs were to increase by $9 per year, how much would that affect the minimum total annual cost? (Round intermediate order qty to nearest whole number and round your answer to 2 decimal places.) 




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Business Economics) Materials
Firm A finds it very expensive to reduce its sulfur dioxide emissions, while Firm B finds it very cheap to reduce its sulfur dioxide emissions. If a program of tradable pollut
Suppose that all three nations agree to remove remaining barriers to trade among the entire set, so that the world becomes a free trade area. Country C is twice as far from bo
On July 1, 2017, the beginning of its fiscal year, Ridgedale County recorded gross property tax levies of $4,200,000. The county estimated that 5 percent of the taxes levied w
In some national parks there are signs asking campers not to feed the wild animals and, similarly, signs are often posted around lakes asking visitors not to feed the birds. W
An independent trucker purchases a fancy new over-the-road rig for $220,000. The expected lifetime is 12 years, and the salvage value estimated at that time is $85,000. Operat
The output, revenue, and profits for a firm under bad times for a firm in isolation and in a pooled labor market. b) the output, revenue, and profits for a firm under good tim
You recently received word that Sunnydale’s neighboring town, Shadyville, reported an incidence rate of 10 new cases per 100,000 residents annually for cryptosporidiosis. Resi
The two goods are money and ice cream and eating more than a certain amount of ice cream makes the consumer sick. If you assume that the consumer can dispose of unwanted ice c