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My Kitchen Delights (MKD) is considering two new suppliers for the jars used in the production process. The quality at both suppliers is equal. Assume that the annual holding cost is 30% of the unit price. Monthly demand averages 20,000 jars. Ordering cost with these two suppliers is $30 per order. The price lists for the suppliers are as follows:Supplier A Quantity Unit Price 1-2499 $3.00 2500-3499 $2.90 3500-4999 $2.80 5000 or more $2.70 Supplier B Quantity Unit Price 1-1999 $3.50 2000-2999 $3.15 3000-3999 $2.85 4000-4999 $2.75 5000 or more $2.60 a)Determine the optimal order quantity when using Supplier A b)Determine the optimal order quantity when using Supplier B c)Given MKD's lack of space, which supplier do you recommend by used? Justify your answer.
as the fund manager for a large mutual fund you are preparing for a conference call with all your major investors.
governments have several means available to guide and influence competition in the marketplace. these means include
An increase in the excise tax on alcohol? a)will have no effect on alcohol consumption b)will generate minimal tax revenues for the federal government c)couped with a uniform drinking age nationwide would save lives
Assume that an economy producing two products, skateboards and in-line skates, is initially in equilibrium, and that skateboards and in-line skates are substitutes. If consumer preferences shift away from skateboards and toward in-line skates, which ..
question 1 a partial income statement from sizzling foods inc. is shown belownbspnbspnbsp 2011revenuesrevenue from
suppose that investors become more optimistic about the housing market and purchases of new homes increase. using the
Suppose the prices at a local golf course are as follows: $57.50 to play 18 holes. At this price, 1200 customers pay to play a game of golf each day. A rise in the price to $62.50 causes the number of consumers to decline to 800. Use the Arc Method t..
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provide a cost-benefit analysis for a company which has to decide whether to hire more staff or hire temporary workers
The Goldberg-Scheinman Publishing Company is publishing a new managerial economics text for which it has estimated the following total fixed and average variable costs: Determine the breakeven output and total sales revenues.
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The owner of a flower shop needs a short-term loan to tide her business over until she completes the sale of some unused property.
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