Seth supplies shoes to Narayan and Kipling. Each pair of shoes has a list price of $50 and costs Seth $25. As Kipling buys in bulk, it receives a 10% trade discount for every order for 100 pairs of shoes or more. Narayan receives a 15% discount irrespective of order size, because that company collects the shoes, thereby saving Seth any distribution costs. The cost of administering each order is $50 and the distribution cost is $1,000 per order. Narayan makes 10 orders in the year, totalling 420 pairs of shoes, and Kipling places 5 orders for 100 pairs. Required The most profitable customer for Seth is .
Seth supplies shoes to Narayan and Kipling. Each pair of shoes has a list price of $50 and costs Seth $25. As Kipling buys in bulk, it receives a 10% trade discount for every order for 100 pairs of shoes or more. Narayan receives a 15% discount irrespective of order size, because that company collects the shoes, thereby saving Seth any distribution costs. The cost of administering each order is $50 and the distribution cost is $1,000 per order. Narayan makes 10 orders in the year, totalling 420 pairs of shoes, and Kipling places 5 orders for 100 pairs. Required The most profitable customer for Seth is .
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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