How many orders should be made? How many brochures should be printed at a time?
How many orders should be made? How many brochures should be printed at a time?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
The TCC Art Gallery prints a brochure for visitors to the senior art showcase it sponsors at the college. There are about 16000 visitors per year to this event (held year round). Holding costs for the brochures are 25% and it costs $40 to place an order with the printer. The printer has offered the following discount
|
|
Category |
Order Size |
Unit Cost |
|
|
1 |
0 - 1499 |
$2.60 |
|
|
2 |
1500 - 2999 |
$2.30 |
|
|
3 |
3000 and over |
$1.90 |
Answer the following questions in a text box in the worksheet excel
- How many orders should be made?
- How many brochures should be printed at a time?
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