Question: Help needed for question b The Bucks Grande exhibition baseball team plays 50 weeks each year and uses an average of 310 baseballs per week.

Help needed for question "b"

Help needed for question "b" The Bucks Grande

The Bucks Grande exhibition baseball team plays 50 weeks each year and uses an average of 310 baseballs per week. The team orders baseballs from Coopers-Town Inc., a ball manufacturer noted for six-sigma level consistency and high product quality. The cost to order baseballs is $100 per order and the annual holding cost per ball is 36% of the purchase price. Coopers-Town's price structure is shown in the table below. Order Quantity Price per Unit 1-999 $7.50 1,000-4,999 $6.90 5,000 or more $6.80 a. How many baseballs should the team buy per order? The team should buy 1117 baseballs per order. (Enter your response rounded to the nearest whole number.) b. What is the total annual cost associated with the best order quantity? The total annual cost is $ (Enter your response rounded to the nearest whole number.)

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!