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What is the annual demand-in terms of boxes what is the

The Candy Shack has a monthly demand of 150 bags of Watermelon Slices. They pay $14.50 for each box of candy which contains 20 bags for sale. Their ordering costs are $50. 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?

What is the materials costs-per bag?

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

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