Question
Scenario 3: Penny's Grocery has hired you and she needs to know the kilograms of bananas to have on hand each day. Each kilogram
Scenario 3: Penny's Grocery has hired you and she needs to know the kilograms of bananas to have on hand each day. Each kilogram of pears costs $2.40 and can be sold for $3.40. Unsold pears are worthless at the end of the day. The following demands were found after studying the last six month's sales: 100 kilograms of pears one-fourth of the time 150 kilograms of pears one-half of the time 175 kilograms of pears one-fourth of the time Required: Determine whether Jo's Grocery should order 100, 150, or 175 kilograms of bananas. You need to show your calculations, and in your report explain to Penny why you have determined the value that you have. Remember Penny is not an accountant.
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