Question: This is the first problem and includes the next four questions. Breville makes an very popular induction cooktop ( stove ) for sale only on

This is the first problem and includes the next four questions.
Breville makes an very popular induction cooktop (stove) for sale only on its web site. They buy the machines from a Mexican manufacturer and realize almost steady demand all year long. The supplier has a two week lead time to get the cooktops from its plant to the US Breville warehouse. Weekly demand is 300 machines. The cost to place an order is $100 and the holding cost is estimated at 10% or retail price, or $150 per unit per year. The Mexican Peso trades at 6 cents on the US dollar.
Assume 52 weeks in a year for any calculations.
What is Brevilles economic order quantity? Make sure your answer makes sense. 6?
 This is the first problem and includes the next four questions.

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