1. The bookstore at State University purchases jackets sporting the school name and logo from a vendor. The vendor sells the jackets to the store for P1900 apiece. The cost to the bookstore for...


1. The bookstore at State University purchases jackets sporting the school<br>name and logo from a vendor. The vendor sells the jackets to the store for<br>P1900 apiece. The cost to the bookstore for placing an order is P6000, and<br>the carrying cost is 25% of the purchase price. The bookstore manager<br>estimates that 1,700 jackets will be sold during the year. The vendor has<br>offered the bookstore the following volume discount schedule:<br>Order Size<br>Discount %<br>12 to 299<br>300 to 499<br>2<br>500 to 799<br>4<br>800 and over<br>The bookstore manager wants to determine the bookstore's optimal order<br>quantity, given the foregoing quantity discount information.<br>

Extracted text: 1. The bookstore at State University purchases jackets sporting the school name and logo from a vendor. The vendor sells the jackets to the store for P1900 apiece. The cost to the bookstore for placing an order is P6000, and the carrying cost is 25% of the purchase price. The bookstore manager estimates that 1,700 jackets will be sold during the year. The vendor has offered the bookstore the following volume discount schedule: Order Size Discount % 12 to 299 300 to 499 2 500 to 799 4 800 and over The bookstore manager wants to determine the bookstore's optimal order quantity, given the foregoing quantity discount information.

Jun 11, 2022
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