How many monitors sam should order from the manufacturer

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The Health Department in Greattown is responsible for selling a Monitor, which will be sold for $100. The director Sam needs a model to help him order the appropriate number. Sam can get the Monitor from a manufacture, but due to quantity discounts, it depends on the number ordered. Specifically, if the number ordered is less than 500, the unit cost is $75. After each 500, the unit cost drops to $70 for at least 500, to $65 for at least 1000, to $60 for at least 1500, to $55 for at least 2000. Sam is very uncertain about the demand for the Monitor. It estimates that demand could be the range from 300 to 2700. Also if Sam has Monitors left, he will put them on sale for $35, at which price he believes all leftovers will be sold. Please help Sam design a model (data table) and decide how many Monitors Sam should order from the manufacturer.

Reference no: EM132163472

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