IM.72 The Candy Shack has a monthly demand of 205 bags of Watermelon Slices. They pay $11.43 for each box of candy which contains 24 bags for sale. Their ordering costs are $35. Holding costs are negligible but they do pay 11% annually on the money they borrow to make such purchases. What is the annual demand-in terms of boxes? (Display your answer to the nearest whole number.) 103 What is the materials costs-per bag? (Display your answer to two decimal places.) 48 What is the economic order quantity (EOQ)-in terms of bags? (Display your answer to the nearest whole number.) Number
IM.72 The Candy Shack has a monthly demand of 205 bags of Watermelon Slices. They pay $11.43 for each box of candy which contains 24 bags for sale. Their ordering costs are $35. Holding costs are negligible but they do pay 11% annually on the money they borrow to make such purchases. What is the annual demand-in terms of boxes? (Display your answer to the nearest whole number.) 103 What is the materials costs-per bag? (Display your answer to two decimal places.) 48 What is the economic order quantity (EOQ)-in terms of bags? (Display your answer to the nearest whole number.) Number
Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter16: Lean Supply Chain Management
Section: Chapter Questions
Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...
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![IM.72 The Candy Shack has a monthly demand of 205 bags of Watermelon Slices. They pay $11.43 for each box of candy which contains 24 bags for sale.
Their ordering costs are $35. Holding costs are negligible but they do pay 11% annually on the money they borrow to make such purchases.
What is the annual demand-in terms of boxes? (Display your answer to the nearest whole number.)
103
What is the materials costs-per bag? (Display your answer to two decimal places.)
48
✔
What is the economic order quantity (EOQ)-in terms of bags? (Display your answer to the nearest whole number.)
Number
X](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc43e830f-974c-415c-a02b-d077eb40995a%2Fbb039e1e-fb33-43f5-abf8-9e98385f2631%2F1tsjphd_processed.png&w=3840&q=75)
Transcribed Image Text:IM.72 The Candy Shack has a monthly demand of 205 bags of Watermelon Slices. They pay $11.43 for each box of candy which contains 24 bags for sale.
Their ordering costs are $35. Holding costs are negligible but they do pay 11% annually on the money they borrow to make such purchases.
What is the annual demand-in terms of boxes? (Display your answer to the nearest whole number.)
103
What is the materials costs-per bag? (Display your answer to two decimal places.)
48
✔
What is the economic order quantity (EOQ)-in terms of bags? (Display your answer to the nearest whole number.)
Number
X
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