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Becky Shelton, a teacher at Kemp Middle School, is in charge of ordering the Tshirts to be sold for the school's annual fundraising project. The
Becky Shelton, a teacher at Kemp Middle School, is in charge of ordering the Tshirts to be sold for the school's annual fundraising project. The Tshirts are printed with a special Kemp School logo. In some years, the supply of Tshirts has been insufficient to satisfy the number ofsales orders. In other years, Tshirts have been left over. Excess Tshirts are normally donated to some charitable organization. Tshirts cost the school $? each and are normally sold for $14 each. Ms. Shelton has decided to order 7'00 shirts. Required a. If the school receives actual sales orders for 640 shirts, what amount of prot will the school earn? What is the cost of waste due to excess inventory? b. lfthe school receives actual sales orders for 715 shirts, what amount of prot will the school earn? What amount of opportunity cost will the school incur? Prot Waste due to excess inventory Prot Oppo rtu n itg.r cast
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