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hmorris21 hmorris21
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6 years ago
A small refrigeration shop stocks up on electric motors from a catalog supplier located in the Midwest. The price of the motors varies depending on the quantity purchased; the price breaks are shown in the table.
 
  The refrigeration shop knows it will need around 600 motors for the coming season and that it will cost them about 40 to place an order. Storage cost for the motors is 10 each. In previous years they have bought all 600 at once and they are considering doing this again. What order quantity would you advise and how much can they save using your recommendation instead of their one order per year strategy?
 
  Quantity Price/unit
  1-49 35.00
  50-99 34.00
  100-499 33.00
  500 or more 30.00
  What will be an ideal response?
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jgfndjgfnd
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hmorris21 Author
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6 years ago
You make an excellent tutor!
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This site is awesome
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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