Proctoring Enabled: Test III3SavedA mail-order house uses 15,900 boxes a year. Carrying costs are 48 cents per box a year, and ordering costs are $98. The followingprice schedule applies.Number of Boxes1,000 to 1,9992,000 to 4,999Price per Box$1.301.205,000 to 9,9991.1001:55:5710,000 or more1.05ReferencesClick here for the Excel Data Filea. Determine the optimal order quantity. (Round your answer to the nearest whole number.)Optimal order quantityboxesb. Determine the number of orders per year. (Round your answer to 2 decimal places.)Number of orderper year

Question 1: Use the Economic Order Quantity (OEQ) formula to compute the optimal order quantity.…

Answered: Proctoring Enabled: Test III 3 Saved A…

MARKETING 2018

19th Edition

ISBN:9780357033753

Author:Pride

Publisher:Pride

Chapter1: An Overview Of Strategic Marketing

Section1.2: Dollar Shave Club: The Company For Men

Problem 1C

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