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2. Rocky Mountain Tire Center sells 21,000 go-cart tires per year. The ordering cost for each order is $45, and the hold
Posted: Sun Jul 03, 2022 4:26 pm
by answerhappygod
- 2 Rocky Mountain Tire Center Sells 21 000 Go Cart Tires Per Year The Ordering Cost For Each Order Is 45 And The Hold 1 (11.38 KiB) Viewed 10 times
2. Rocky Mountain Tire Center sells 21,000 go-cart tires per year. The ordering cost for each order is $45, and the holding cost is 20% of the purchase price of the tires per year. The purchase price is $24 per tire if fewer than 600 tires are ordered, $20 per tire if 600 or more-but fewer than 1,000-tires are ordered, and $18 per tire if 1,000 or more tires are ordered. a. How many tires should Rocky Mountain order each time it places an order? b. What is the total cost of this policy?