Question
Given the information provided below and a budget of $6,500,000, what is the most that Loyola Machining can pay for each manufactured unit? Assume one
Given the information provided below and a budget of $6,500,000, what is the most that Loyola Machining can pay for each manufactured unit? Assume one year is 250 working days and the order size is 4,000 units. Do not round intermediate calculations. Round your answer to the nearest cent.
| Annual Demand (D) | Price per Unit (P) | Oversight Cost per Unit (O) | Transport Cost per Unit (Ct) | Order Cost (Co) | Cost to Store One Unit One Year (Ch) | Order Lead Time in Days (L) |
| 416,000 | ? | $0.21 | $4.00 | $150 | $10.80 | 25 |
Price per unit: $
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Strategic management concepts
Authors: Fred david
13th Edition
9780136120988, 136120997, 136120989, 978-0136120995
