Ahead of her wedding ceremony, Getuk and Lopis who intend to hold a wedding in the Netherlands recently rumored plans to order 346 sprigs of tulips. But they both confused after being given a price list that included a discount on every purchase per stalk. price normal 1 stalk of such tulips is € 5. If buying between 50 – 199 stalks then the buyer will get 5% discount from the normal price. If buying between 200 – 399 stalks then the buyer will get 10% off the normal price. As for purchases above 400 stalks, buyers will get 15% off the normal price. The booking fee is issued € 20 per order and interest storage fee to last € 0.2 per stalk
Specify:a. The number of economical orders?b. Booking frequency?c. Total cost of booking?d. Total storage costs?E. Total cost of inventory?F. Analyze your answers!
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