QuickHelper

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    Phoniex
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Category > Business & Finance Posted 25 May 2017 My Price 8.00

How many units should be ordered each time

Question description

 

An electronic retail chain wishes to minimize its ordering costs for a particularly popular model of laptop coputer.  This retail chain has a line of credit to finance its inventory and the current interest rate is 1.5%.  The chain estimates it can sel 30,000 units per year and it pays $575 dollars per unit.  It costs $48 dollars to place each order.  How many units should it order each time?  You should round your answer up to the nearest laptop unit and show all work.

Answers

QuickHelper
(10)
Status NEW Posted 25 May 2017 06:05 AM My Price 8.00

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