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 materials costs - per bag? (Two decimal places)

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

Reference no: EM132677204

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