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Question 1. Part 1. A bakery uses a certain tye of four for the age of 30 bags per week The bakery purchases each
Question 1. Part 1. A bakery uses a certain tye of four for the age of 30 bags per week The bakery purchases each bag of flour for $7 The taxageration cost and all other costs iced by placing an order for bags of flour is 50 perc, and hiding or had on a 10% li mate Assume each year is 50 weeks How many bags I should the bakery purchase at each order to minimize te total inventory casts Compute the time between placing the codes based on fis policy (b) What are the amal holding and stops for fist under this p Part II Suppose fat even though the estimated drunk was 30 per week, and optimal onder quantity was obtained according to is infin, it cut the actual demand in fact 45 bags per week (3) If we use the under sine calculated in the previous problem, what wifi stup plus holding under the actual demand rate? (b) What would the cast be five compute the new optimum order sie based on the actual demand (c) What excess cost was caused by that demand error?
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