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a jewelry firm buys semiprecious stone to make bracelets and rings. The supplier quotes a price of $8.30 per stone for quantities of 600 stones
a jewelry firm buys semiprecious stone to make bracelets and rings. The supplier quotes a price of $8.30 per stone for quantities of 600 stones or more, $8.70 per stone for orders of 400 to 599 stones, and $9.20 per stone for lesser quantities. The jewelry form operates 112 days per year. Usage rate is 19 stones per day, and ordering costs are $50.
Help Save & Exit Submit ety em bays semiprncious stones to male bracelets and rings The suppler quotes a price of $8.30 per stone for quantities of 6ones or mone $8.0 per stone for anders of 400 to 599 stones,and $9.20 per stone for lesser quantities The jewelry firm eas 12 days per year Usage rate is 19 stones per day and ordening costs are $50 arying cot e St peryear for each stone, fnd the order quantity that wollminimize total annual cost (Do not round emedte calvitions Round youor final answer to the neerest whole number.) ain cota 32 percent of ant cont hat is the optmal order size?(Do not round intermediate calculations. c ed tne s2 woking days ot whet point should the company reorder? (Do not round intermediate calculations. Round your ewer to the neerest whole mumber Help Save & Exit Submit ety em bays semiprncious stones to male bracelets and rings The suppler quotes a price of $8.30 per stone for quantities of 6ones or mone $8.0 per stone for anders of 400 to 599 stones,and $9.20 per stone for lesser quantities The jewelry firm eas 12 days per year Usage rate is 19 stones per day and ordening costs are $50 arying cot e St peryear for each stone, fnd the order quantity that wollminimize total annual cost (Do not round emedte calvitions Round youor final answer to the neerest whole number.) ain cota 32 percent of ant cont hat is the optmal order size?(Do not round intermediate calculations. c ed tne s2 woking days ot whet point should the company reorder? (Do not round intermediate calculations. Round your ewer to the neerest whole mumberStep by Step Solution
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