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A large bakery buys flour in 25-pound bags. The bakery uses an average of 4,800 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag. a. Determine the economic order quantity. (Do not round intermediate calculations. Round your final answer to the nearest whole number.) Economic order quantity bags b. What is the average number of bags on hand?(Round your answer to the nearest whole number.) Average number of bags c. How many orders per year will there be? (Round your final answer to the nearest whole number.) Number of orders per year d. Compute the total cost of ordering and carrying flour. (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Total cost $ e. If holding costs were to increase by $9 per year, how much would that affect the minimum total annual cost? (Round intermediate order qty to nearest whole number and round your answer to 2 decimal places. Omit the "$" sign in your response.) Increase by $
The government, from the national level to the local level, plays an important role in how products are acquired, consumed, and disposed. Your textbook touches on how the government makes use of consumer behaviour, as well as the role of public polic..
Identify at 8 examples of types of inventory 8 different businesses maintain and identify the purpose of this inventory. Distinguish between types of inventory that are required and those that simple serve as a mask for production problems, poor mana..
(Gelato) Bruno Fruscalzo decided to set up a small production facility in Sydney to sell to local restaurants that want to offer gelato on their dessert menu.
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Take on the role of a college administrator-how would you design a college education to meet the professional, economic, and learning demands of the twenty-first century. What areas of study do you think are most critical for today's professionals..
Describe the importance of a project charter to the project manager. How does a strong project sponsor and clear project scope apply to the overall success of a project?
identify the sponsor stakeholders and key customers involved in the project. describe any special considerations for
What areas need to be addressed or improved? If your organization or current position lacks interaction with procurement, answer the question using an organization you are familiar with (Please address the name of the organization in your respons..
What actions should Jason take to obtain a contractor to do the work? What project management tools can Jason use to facilitate obtaining a contractor to do the work?
Federal courts have exclusive jurisdiction over cases involving: Although states are free to develop their own procedural rules, many have adopted: A writ of certiorari directs a lower court to send up the record of a case for review by the Supreme C..
Stakeholder theory states that many types of groups depend on the fiduciary duties of the company’s management (i.e. employees, customers, suppliers, shareholders, etc.). You will use concepts learned in this Discussion to address your assignments. D..
Beth Zion Hospital has just been informed that only the first 10 transplants must be performed at the hospital's expense.
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