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To boost sales, Pfisher announces a new price structure for disposable surgical packages. Although the price break no longer is available at 200 units, Pfisher
To boost sales, Pfisher announces a new price structure for disposable surgical packages. Although the price break no longer is available at 200 units, Pfisher now offers an even greater discount if larger quantities are purchased. On orders of 1 to 399 packages, the price is $50.35 per package. For orders of 400 or more, the price per unit is $47.70. Ordering costs, annual holding costs, and annual demand remain at $64 per order, 30 percent of the per-unit cost, and 510 packages per year, respectively. What is the new lot size? The new lot size is packages. (Enter your response rounded to the nearest whole number.) To boost sales, Pfisher announces a new price structure for disposable surgical packages. Although the price break no longer is available at 200 units, Pfisher now offers an even greater discount if larger quantities are purchased. On orders of 1 to 399 packages, the price is $50.35 per package. For orders of 400 or more, the price per unit is $47.70. Ordering costs, annual holding costs, and annual demand remain at $64 per order, 30 percent of the per-unit cost, and 510 packages per year, respectively. What is the new lot size? The new lot size is packages. (Enter your response rounded to the nearest whole number.)
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