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

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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