a.) Find the z score such that 3.92% of the area under the distribution curve lies to the left of th
Question: X sells with an average annual demand of 2,000. His setup o produce the discs is $250. He estimated his holding costs at 10% of the cost, or about $1.
a. What is the optimal number of discs to produce at a time?
b. What is the impact of the following quantity price schedule on the optimal order quantity?
| Quantity Ordered | ||||
| Price Range | From | To | Price | |
| 1 | 500 | $ 10.00 | ||
| 501 | 1000 | $ 9.95 | ||
| 1001 | 1500 | $ 9.90 | ||
| 1500 | 2000 | $ 9.85 | ||
Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverables: Word Document
Deliverables: Word Document
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Math and Statistics Solutions
