Question
1.Lisa's Tea Room sells 250 cupcakes every week. It costs $1.50 to carry and display each cupcake. The fixed cost of ordering more cupcakes is
1.Lisa's Tea Room sells 250 cupcakes every week. It costs $1.50 to carry and display each cupcake. The fixed cost of ordering more cupcakes is $100 per order. What is the economic order quantity?
-
1639
-
1317
-
1588
-
756
-
250
2.Yoko Inc. produces Halloween costumes. The average price for one of its costumes is $200, and the variable cost of producing it is $100. The company's monthly required rate of return is 2%, and a credit period of one month. What is the break-even probability of default before the company would reject granting credit to a new one-time customer?
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41%
-
49%
-
51%
-
39%
-
55%
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