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Proctoring Enabled: Test III 3 Saved A mail-order house uses 15,900 boxes a year. Carrying costs are 48 cents per box a year, and ordering costs are $98. The following price schedule applies. Number of Boxes 1,000 to 1,999 2,000 to 4,999 Price per Box $1.30 1.20 5,000 to 9,999 1.10 01:55:57 10,000 or more 1.05 References Click here for the Excel Data File a. Determine the optimal order quantity. (Round your answer to the nearest whole number.) Optimal order quantity boxes b. Determine the number of orders per year. (Round your answer to 2 decimal places.) Number of order per year

Proctoring Enabled: Test III 3 Saved A mail-order house uses 15,900 boxes a year. Carrying costs are 48 cents per box a year, and ordering costs are $98. The following price schedule applies. Number of Boxes 1,000 to 1,999 2,000 to 4,999 Price per Box $1.30 1.20 5,000 to 9,999 1.10 01:55:57 10,000 or more 1.05 References Click here for the Excel Data File a. Determine the optimal order quantity. (Round your answer to the nearest whole number.) Optimal order quantity boxes b. Determine the number of orders per year. (Round your answer to 2 decimal places.) Number of order per year

MARKETING 2018
MARKETING 2018
19th Edition
ISBN:9780357033753
Author:Pride
Publisher:Pride
Chapter1: An Overview Of Strategic Marketing
Section1.2: Dollar Shave Club: The Company For Men
Problem 1C
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Proctoring Enabled: Test III 3 Saved A mail-order house uses 15,900 boxes a year. Carrying costs are 48 cents per box a year, and ordering costs are $98. The following price schedule applies. Number of Boxes 1,000 to 1,999 2,000 to 4,999 Price per Box $1.30 1.20 5,000 to 9,999 1.10 01:55:57 10,000 or more 1.05 References Click here for the Excel Data File a. Determine the optimal order quantity. (Round your answer to the nearest whole number.) Optimal order quantity boxes b. Determine the number of orders per year. (Round your answer to 2 decimal places.) Number of order per year
Transcribed Image Text:Proctoring Enabled: Test III 3 Saved A mail-order house uses 15,900 boxes a year. Carrying costs are 48 cents per box a year, and ordering costs are $98. The following price schedule applies. Number of Boxes 1,000 to 1,999 2,000 to 4,999 Price per Box $1.30 1.20 5,000 to 9,999 1.10 01:55:57 10,000 or more 1.05 References Click here for the Excel Data File a. Determine the optimal order quantity. (Round your answer to the nearest whole number.) Optimal order quantity boxes b. Determine the number of orders per year. (Round your answer to 2 decimal places.) Number of order per year
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