Question: please answer the last 4 questions/slots - for D: options are 1. cannot determine 2. order EOQ 3. order as discount 1.25$ off original amount

please answer the last 4 questions/slots
- for D: options are
1. cannot determine
2. order EOQ
3. order as discount 1.25$ off original amount
4. order at discount level of 0.75$
5. do not take advantage of discount
please answer the last 4 questions/slots - for D:
Mike's 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 = 950 units per year; S = $12.00, H = 15% per year; P = $28. a. What is the EOQ at the current behavior? [Select] b. What is the annual total cost, including product cost, of continuing their current behavior? [ Select) Mike's 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 80, but no more than 229, or $1.25 off if the firm will make its purchases quarterly, placing at least 230 orders) c. What are the annual total costs, if they accept either of the proposed discounts? - First proposed discount level [Select] Second proposed discount level [ Select) Based on cost, how much should Clement Bait and Tackle order, each time they place an order? (Select] 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? [Select)

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!