Solution) Gentle Electric, which we discussed in class, has learned about a new company on the West Coast that
Question: Gentle Electric, which we discussed in class, has learned about a new company on the West Coast that has the following prices (I've included the 50-cent unloading fee with the price.)
first 100 $485.50
next 100 $470.50
next 100 $450.50
Holding costs remain at 20% of the value of the inventory, maximum warehouse space is still 200 units, and each time you place an order it costs $25.
(a) Compute the average cost for if the order quantity is 285 units.
(b) Compute the annual ordering costs if the order quantity is 285 units.
(c) Compute the annual holding costs if the order quantity is 285 units.
(d) Compute the annual warehouse costs if the order quantity is 285.
Price: $2.99
Solution: The solution consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document
