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A large bakery buys flour in 30 kg bags. The bakery uses an average of 4,800 bags a year. Preparing an order, receiving the shipment,
A large bakery buys flour in 30 kg bags. The bakery uses an average of 4,800 bags a year. Preparing an order, receiving the shipment, and paying the invoice costs $14 per order. Annual holding cost is
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