(Solved): Sweet Treats-is-a-renowned bakery producing cakes that are in high demand. Annual demand for the ca ...

Sweet Treats-is-a-renowned bakery producing cakes that are in high demand. Annual demand for the cakes is estimated at 104,000 units. The bakery produces cakes at a rate of 2325 per week. The setup or ordering cost is $70, and the annual holding cost is 10 cents per cupcake. The bakery operates throughout the year every day. Determine the optimal order quantity. I