Question
A mail-order house uses 17,160 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price
A mail-order house uses 17,160 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price schedule applies.
A mail-order house uses 17,160 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price schedule applies. |
| Number of Boxes | Price per Box |
| 1,000 to 1,999 | $1.25 |
| 2,000 to 4,999 | 1.20 |
| 5,000 to 9,999 | 1.15 |
| 10,000 or more | 1.10 |
a. | Determine the optimal order quantity. (Round your answer to the nearest whole number.) |
| Optimal order quantity | boxes |
b. | Determine the number of orders per year. (Round your answer to 2 decimal places.) |
| Number of order | per year |
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Labor and Employment Law Text and Cases
Authors: David Twomey
15th edition
1133188281, 978-1133711841, 1133711847, 978-1285247632, 978-1133188285
