Please do not give solution in image format thanku IM.72 The Candy Shack has a monthly demand of 155 bags of Watermelon Slices. They pay $11.59 for each box of candy which contains 28 bags for sale.Their ordering costs are $70. Holding costs are negligible but they do pay 9% 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.)67What is the materials costs-per bag? (Display your answer to two decimal places.).41What is the economic order quantity (EOQ)-in terms of bags? (Display your answer to the nearest whole number.)2643 IM.71 The BYU-Idaho University Store purchases classroom clickers for $355 for each case of 16 units. Annual demand is estimated to be 3,300 units peryear. It costs $130 to process and receive an order with a $3.46 holding cost per unit per year.What is the economic order quantity (EOQ) for purchases of these clickers? (Display your answer to the nearest whole number.)32@

Economic Order Quantity (EOQ) is a formula that is used by the organization to manage the level of…

IM.72 The Candy Shack has a monthly demand of 155 bags of Watermelon Slices. They pay $11.59 for each box of candy which contains 28 bags for sale. Their ordering costs are $70. Holding costs are negligible but they do pay 9% 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.) 67 What is the materials costs-per bag? (Display your answer to two decimal places.) .41 X 2643 3 What is the economic order quantity (EOQ)-in terms of bags? (Display your answer to the nearest whole number.)

IM.72 The Candy Shack has a monthly demand of 155 bags of Watermelon Slices. They pay $11.59 for each box of candy which contains 28 bags for sale. Their ordering costs are $70. Holding costs are negligible but they do pay 9% 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.) 67 What is the materials costs-per bag? (Display your answer to two decimal places.) .41 X 2643 3 What is the economic order quantity (EOQ)-in terms of bags? (Display your answer to the nearest whole number.)

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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