+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
Comfort Company assumed the operation of a hotel. The previous owner had a contract with Linen Supply. Linen Supply continued to furnish services after Comfort Company assumed
Assume that you require a 15% return on stocks. Compute the price of a stock that will pay a $1 dividend next year and is expected to sell for $20 in a year’s time. If your “p
Illustrate what are the main determinants of the amount of excess reserves held by banks. Illustrate what is the primary determinant of deposits and the money supply in the lo
Find a purely/perfectly competitive industry. State why this industry is a purely competitive market. Give examples as to why. Please use the dropbox to submit your extra cred
Is the student’s analysis correct? Illustrate your answer with a demand and supply graph. Based on Martin Peers, “Future Shock for Internet Ads?” Wall Street Journal, Febr
Suppose that a profit maximizing monopolist's marginal costs increase at all output levels. What is likely to happen to the quantity the monopolist produces, AND the price it
A young software engineer is selling the rights to a new video game he has developed. Two companies have offered him contracts. The first contract offers $10 000 at the end of
Discuss whether you think we should continue to have a zero price for using a freeway. Or should we have transponders mounted on the dashboards of vehicles, as practiced in Si