The company has decided to hold camaraderie dinners for the workers during the year, for which it
Question:
The company has decided to hold camaraderie dinners for the workers during the year, for which it has been arranged to invite all the students and especially the workers of the central headquarters. As any celebration requires a good toast, he has decided to purchase bottles of champagne from a local distributor. The "Mami" distributor, aware of the celebrations, offers volume discounts to the company, depending on the number of boxes of champagne purchased. Each box comes with 5 bottles of the finest and sparkling liquor. The price per box that the store charges depends on the number of boxes that it understands.
Number of boxes ordered | Price per box |
0<=q<15 | 5500 |
15<=q<30 | 5400 |
30<=q<80 | 5000 |
80<=q<100 | 4900 |
q>=100 | 4700 |
The company estimates that given the many celebrations of the year, it would need about 150 bottles annually. Each time an order for bottles is made, knowing that the cost of holding inventory is 20% of the average inventory. Order cost is 100
How many boxes should be ordered?
How many orders are made per year?
Advanced Financial Accounting
ISBN: 978-0137030385
6th edition
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay