Question
Minnie received a quote for printing services for a purchasing procedures manual. The supplier has quoted a discount schedule using ranges instead of specific quantities.
Minnie received a quote for printing services for a purchasing procedures manual. The supplier has quoted a discount schedule using ranges instead of specific quantities.
Quantity Unit Range Price
15 $9.00
610 $8.85
1120 $8.75
2130 $8.00
3140 $7.60
4150 $7.30
5199 $7.00
Assignment Questions:
1. Using the format illustrated in the textbook, calculate a quantity discount analysis for a quote specifying quantity ranges.
2. What do you conclude about this quotation? Does it appear reasonable based on your analysis? Why or why not?
3. What should Minnie do with regards to this quote and supplier
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