Decide the economic order quantity

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Reference no: EM1373926

Q. A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Yearly carrying costs are $75 per bag.

a. Decide the economic order quantity

Reference no: EM1373926

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