Question: ( Quantity Discount Model ) Keith Shoe Stores carries a basic black dress shoe that sells at a constant rate of 5 0 0 pairs
Quantity Discount Model Keith Shoe Stores carries a basic black dress shoe that sells at a constant rate of pairs of shoes every three months. Keith's current buying policy is to order pairs each time an order is placed. It costs Keith $ to place an order. The annual holding cost rate is With the order quantity of pairs, Keith obtains the shoes at the lowest possible cost of $ per pair. Other quantity discounts ordered by the manufacturer are described as follows:Order Quantity Price per pair $ $ $ or more $ What is average flow time using the basic setup assuming working days in a yea Side note days and days are wrong answers.
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