A buyer needs to purchase 1,000 crock pots to sell at $99.99 each. She was able...
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A buyer needs to purchase 1,000 crock pots to sell at $99.99 each. She was able to place a special order for 750 at a cost of $43.40 each but knows that was an unusually low price. If she has an overall margin goal of 50%, what is the maximum she can pay for the remaining 250 crock pots? Assume that you sell all the units you order. Round to the nearest dollar. A buyer needs to purchase 1,000 crock pots to sell at $99.99 each. She was able to place a special order for 750 at a cost of $43.40 each but knows that was an unusually low price. If she has an overall margin goal of 50%, what is the maximum she can pay for the remaining 250 crock pots? Assume that you sell all the units you order. Round to the nearest dollar.
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To calculate the maximum price the buyer can pay for the remaining 250 crock pots while maintaining ... View the full answer
Related Book For
Introduction To Materials Management
ISBN: 978-9386873248
8th edition
Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen
Posted Date:
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