Business, 18.03.2021 01:50, veronicatrejoaguiler
Wahl’s Discount Stores stocks toy race cars. The normal purchase price is $5.00 per unit for these cars, but the store faces the following quantity discount schedule: For orders between 1000 to 1999, the price drops to $4.80/unit; for orders of 2000 or more, the price drops further to $4.75/unit. The ordering cost is $49 per order, annual demand is 5000 cars, and the inventory carrying cost is 20% of the material cost. What order quantity will minimize total cost?
Answers: 1
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Wahl’s Discount Stores stocks toy race cars. The normal purchase price is $5.00 per unit for these c...
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