Question: If you are able to answer d) and e), you will get an upvote!!!! 3. Jane's Basic Botique sells approximately a constant 500 pairs of

If you are able to answer d) and e), you will get an upvote!!!!

If you are able to answer d) and e), you will get

3. Jane's Basic Botique sells approximately a constant 500 pairs of basic black flats every 3 months. Jane's current policy is to order 500 pairs each time she places an order. It cost Jane $50 to place the order and her annual holding cost rate is 40%. The wholeseller Jane purchases from has the following quantity discount schedule: Order Quantity Price per Pair 0-99 100-199 $20.00 $19.00 $18.00 $17.50 200-299 300 or more Based on the information, answer the following questions (you may want to input the information into Excel, though you do not have to): (b) How much would you recommend Jane order to get the lowest cost? How much does it save her relative to her current situation (i.e. how much she currently orders)? Explain. (c) Suppose Janes Basic Botique is open 6 days a week for the entire year. If the lead time needed by the wholeseller moves from 14 days to 28 days, how does this change influence her reorder point? Explain. (d) With the shift from in person shopping to online shopping due to COVID-19, demand for the shoes has fallen to 50 pairs every 3 months. What quantity would you suggest she order now (assume the discounts remain the same)? Why? (e) Due to changes in ordering patterns and inventory suppose issues, suppose the discount is now: Order Quantity Price per Pair 0-79 80-159 160-249 250 or more $20.00 $19.25 $18.50 $18.00 Additionally, the lead time is now 40 days. Explain what the optimal quantity to order is now and when you should order

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!

1. Janes Basic Botique sells approximately a constant 500 pairs of basic black flats every 3 months. Janes current policy is to order 500 pairs each time she places an order. It cost Jane $30 to...

3. Jane's Basic Botique sells approximately a constant 500 pairs of basic black flats every 3 months. Jane's current policy is to order 500 pairs each time she places an order. It cost Jane $50 to...

Janes Basic Botique sells approximately a constant 500 pairs of basic black flats every 3 months. Janes current policy is to order 500 pairs each time she places an order. It cost Jane $50 to place...

Please answer all the parts.. type your answer do not copy paste. Please do not plaziarise. 1. Jane's Basic Botique sells approximately a constant 500 pairs of basic black flats every 3 months....

3. Jane's Basic Botique sells approximately a constant 500 pairs of basic black flats every 3 months. Jane's current policy is to order 500 pairs each time she places an order. It cost Jane $50 to...

1. Jane's Basic Botique sells approximately a constant 500 pairs of basic black flats every 3 months. Jane's current policy is to order 500 pairs each time she places an order. It cost Jane $30 to...

Janes Basic Botique sells approximately a constant 800 pairs of basic black flats every 3 months. Janes current policy is to order 500 pairs each time she places an order. It cost Jane $30 to place...

Janes Basic Boutique sells approximately a constant 860 pairs of basic black flats every 3 months. Janes current policy is to order 200 pairs each time she places an order. It cost Jane $90 to place...

Jane's Basic Bobique Sells approximately a constant 300 pairs of basic black fats every 3 months ne current policy is to order 500 pars each time the place an orde. It containe $30 to place the order...

Janes Basic Boutique sells approximately a constant 135 pairs of basic black flats every month. Janes current policy is to order 450 pairs each time she places an order. It cost Jane $65 to place the...

1. Why has Daniel Vasella been likened to business moguls such as Steve Jobs and Sam Walton? 2. Explain Vasellas cautionary approach to research. 3. How can vision be communicated successfully to...

In this section, we're going to look at a Python program that uses turtle graphics to play a simple game. The object of the game is to launch the turtle like a projectile so it hits the target. You...

items 1 through 1 1 describe various types of transactions that an individual or business entity may be involved in . For each one, indicate the appropriate tax treatment. A tax treatment may be used...

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...