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question 36

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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 number of orders per year?


Definitions:

Assertive Communication

Expressing oneself in a direct and civil manner.

Communication Style

The characteristic way in which an individual communicates with others, including verbal, non-verbal, and written methods.

Creative Problem Solving

An approach to finding innovative solutions to complex problems through creative and critical thinking strategies.

Brainstorm

A group creativity technique aimed at generating a large number of ideas for the solution to a problem.

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