Question
Certain merchandise items, like posters, have event dates and event schedules that are specific to a given year. That means the posters for this years
Certain merchandise items, like posters, have event dates and event schedules that are specific to a given year. That means the posters for this year’s festival can only be sold once. The cost to print a poster is $4.00 and BPM plans to order 2,000 posters.
A. If the posters are marked up 150% based on cost, how much money would BPM make from selling all the posters? In other words, what is BPM’s revenue goal for this product?
B.If 10% of the posters will go unsold, what should BPM sell each poster for so that they meet their revenue goal? Round your answer to the nearest penny and explain your thinking.
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Supply Chain Management Strategy Planning And Operation
Authors: Sunil Chopra
7th Global Edition
129225789X, 978-1292257891
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