Question: I've checked my question. The demand for disposable teaspoons in a cafeteria is 1 0 0 0 per week. Holding them in inventory costs 1

I've checked my question.
The demand for disposable teaspoons in a cafeteria is
1000
per week. Holding them in inventory costs
10
%
per year
(52
weeks per year
)
over the unit value which is $
5
.
Currently the purchasing manager orders
4000
units every
4
weeks. If the supplier offers a discount of $
0.20
per teaspoon.
How many teaspoons would he advance an order to take advantage of the discount?

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!