Question
A certain successful entrepreneur purchases high-quality term papers (guaranteed A) from an even bigger entrepreneur for resale to unethical students. Annual demand is 34000 papers,
A certain successful entrepreneur purchases high-quality term papers ("guaranteed A") from an even bigger entrepreneur for resale to unethical students. Annual demand is 34000 papers, carrying cost is $3 per paper per year, and ordering cost is $90 per order. Students, being as desperate as they are, never backorder. The purchase price is stiff $35 per paper. What is the optimal order quantity (round your final answer to the nearest integer)?
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
978-0538473637
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