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Abakery buys sugar in 15-pound bags. the bakery uses 5000 bags of sugar each year. carrying costs are $20 per bag per year. ordering costs are estimated at $5 per order. assume that the bakery is open 250 days a year and its daily demand is estimated at 20 bags. it takes 5 days for each order of sugar to be filled. what is the minimum inventory held in a given eoq cycle?
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Abakery buys sugar in 15-pound bags. the bakery uses 5000 bags of sugar each year. carrying costs ar...
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