Harmons sells an average of 40 tubes of chapstick weekly. The normal price paid by Harmons...

Harmons sells an average of 40 tubes of chapstick weekly. The normal price paid by Harmons is $1 per tube it costs Harmons $25 to place an order, and Harmons' annual holding cost rate is 20%. Answer the following questions: 1. How many tubes of chapstick should be ordered to minimize combined ordering and holding cost? 2 The supplier is willing to offer a 8% minimize combined ordering, holding and purchasing cost? discount on orders of at least 800 tubes. How many tubes of chapstick should be order to minimize combined odering, holding and purchasing

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ANSWER- EXPLANATION GIVEN IN HANDWRITEN.

ekkarill92 answered 1 year ago

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