Question: please answer d before anything else Clement Bait and Tackle has been buying a chemical water conditioner for its bait (to help keep its bait-fish
please answer d before anything else
Clement Bait and Tackle has been buying a chemical water conditioner for its bait (to help keep its bait-fish alive) in an optimal fashion. Current data for the problem are: D = 840 units per year; S = $12.00, H = 18% per year; P = $28. a. What is the EOQ at the current behavior? 63.25 b. What is the annual total cost, including product cost, of continuing their current behavior? $23,838.76 Clement Bait and Tackle's supplier has now offered a discount of $0.75 off all units if the firm will make its purchases monthly by placing at least 70, but no more than 209, or $1.25 off if the firm will make its purchases quarterly, placing at least 210 orders) c. What are the annual total costs, if they accept either of the proposed discounts? - First proposed discount level $23,205.68 Second proposed discount level $23,023.58 Based on cost, how much should Clement Bait and Tackle's supplier has now offered a discount of $0.75 off all units if the firm will make its purchases monthly by placing at least 70, but no more than 209, or $1.25 off if the firm will make its purchases quarterly, placing at least 210 orders) c. What are the annual total costs, if they accept either of the proposed discounts? - First proposed discount level $23,205.68 Second proposed discount level $23,023.58 Based on cost, how much should Clement Bait and Tackle order, each time they place an order? 210 d. What decision should Clement Bait and Tackle choose? [ Select] e. Based on the decision in letter d., what is the total holding cost of that decision? $505.58

Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
