Remove and dispose of any old packages

Assignment Help Business Economics

Reference no: EM131807912

The vegetable buyer for a group of grocery stores has decided to sell packages of sprouted grain in the vegetable section of the stores. The product is perishable, and any remaining unsold after one week in the store is discarded. The supplier will deliver the packages to the stores, arrange them in the display space, and remove and dispose of any old packages. The price the supplier will charge the stores depends on the size of the total weekly order for all the stores.

2282_depends on the size of the total weekly.png

The sprouted grain will be sold at the same price in all the grocery stores.

(a) How many packages should be purchased per week, and at which of the five prices listed above should they be sold?

(b) Build a spreadsheet (see Appendix A) to calculate the profit for every combination of selling price and weekly order size.

Reference no: EM131807912

Questions Cloud

Increase its rubbish disposal facilities : A city needs to increase its rubbish disposal facilities. There is a choice of two rubbish disposal areas, as follows. Area A: A gravel pit with a capacity.

Compute income taxes payable for 2017 : Cumulative temporary difference at December 31, 2017, giving rise to future taxable amounts, $252,000.

Compute net operating assets : Compute net operating assets (NOA) for 2012 and 2011. Treat noncurrent investments as a nonoperating item

Cylindrical with minimum surface area : Discussions with tank fabricators indicate that the least expensive tank would be cylindrical with minimum surface area. What size tank should be ordered?

Remove and dispose of any old packages : The price the supplier will charge the stores depends on the size of the total weekly order for all the stores.

What was the beginning raw materials inventory balance : The end of month balance in raw materials inventory was $24,300. What was the beginning raw materials inventory balance

Compute the future value : Compute the future value (Do not round intermediate calculations and round your final answers to 2 decimal places.)

Analyze which model you believe will best help a firm : Analyze which model (I / O model or resource-based model) you believe will best help a firm in the industry you researched earn above-average returns.

Wage and other incremental operating costs : The cost of the groceries sold averages 70% of sales. The incremental cost to keep the store open, including the clerk's wage and other incremental operating co

User Account

All Pages