Although the bakery still buys flour in 25-pound bags their


Although the bakery still buys flour in 25-pound bags, their business has changed to need an average of 5000 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $6.50 per order. Annual carrying costs are $52 per bag.

What will be their total cost of ordering and carrying the flour?

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Financial Management: Although the bakery still buys flour in 25-pound bags their
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