+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
Consider a cruise liner provisioning a certain consumable item for her next trip. In the first stage, the cruise liner procures from the home port region right before the star
Given the current condition of the US economy, do you think US policy makers would prefer to see the $ rise in value, decline in value or stay at its current value? Discuss th
Assume that the federal government has decided to impose a tax on handguns. The market for handguns is currently at equilibrium with the price per gun being $200 and the quant
You note that over the last five years, the Swiss franc has appreciated from Sfr 1.60/$1 to Sfr 1.45/$1.During that same period, the U.S. consumer price index rose from 100 to
Suppose a computer virus disables the nation’s automatic teller machines, making withdrawals from bank accounts less convenient. As a result, people want to keep more cash on
After you have studied economics in the news on pp. 202-203, answer the following questions. a. what changes in the interest rate and the quantity of M2 occurred between 2007
One interesting facet of delivery we looked at was ambulatory services; we saw how ambulatory care went from being provided outside the hospital setting, to becoming a service
Suppose that market demand for answering machines is given by the expression QD = 1,000 – 150P+ 25I. Assume that per capita disposable income I = $200 and the price of answeri