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What is the annual demand in terms of boxes

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The Candy Shack has a monthly demand of 230 bags of Watermelon Slices. They pay $12.19 for each box of candy which contains 32 bags for sale. Their ordering costs are $75. Holding costs are negligible but they do pay 8% annually on the money they borrow to make such purchases.

What is the annual demand in terms of boxes? (Whole number)

What is the economic order quantity (EOQ) in terms of bags? Whole number

Reference no: EM132677148

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