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Use this information to answer the following questions.
A bakery 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.
-Refer to the information above.What is the optimal EOQ?
Connection
The relationship between individuals, systems, or items that links them together and enables interaction or communication.
Challenge Stressors
Aspects of a job or situation that are perceived as opportunities for growth or achievement, even though they may require significant effort or pose difficulties.
Motivation
The process that initiates, guides, and maintains goal-oriented behaviors, driven by needs, desires, and ambitions.
Performance
Refers to how well an individual or organization completes tasks and achieves goals, often measured against pre-determined standards.
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