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A large bakery buys flour in 25-pound bags. The bakery uses an average of 1215 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.b. What is the average number of bags on hand?c. How many orders per year will there be?d. Compute the total cost of ordering and carrying floure. If holding cost were to increase by $9 per year, how much would that affect the minimum total annual cost?
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To what degree were Clark's methods of influencing board members the most effective possible under the circumstances presented in the case? 3. Do you think her methods of getting things doen at the foundation were ethical? Why or why not?
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