Question: Could you please answer this question # 11 with explanation? If you need any information more please ask thanks QUESTION 10 2 points Save Answer

Could you please answer this question # 11 with explanation?

If you need any information more please ask

thanks

Could you please answer this question # 11 with

QUESTION 10 2 points Save Answer A gift shop sells toy cars at a very steady pace of 10 per day, 310 days per year. The wholesale cost of the toy cars is $4.5, and the gift shop uses an annual interest rate of 20 percent to compute holding costs. The ordering cost is $30. If the supplier offers to sell the toys at $4.4 when the order size is greater than 600. How many toys should the store order to minimize the average cost? QUESTION 11 2 points Save Answer The daily consumption for an item is 10 units. The ordering cost is $15 and the unit inventory cost is $1 per day. Suppose that each item costs $5 and the production rate is 10 units per day. What is the average daily total cost (e.g., ordering + inventory + product cost)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!