What is the total cost assuming no purchase discounts

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1. The concessions department of Dudy-Noble buys peanuts in 25-pound bags. An average of 1,535 bags a year are used each baseball season. Preparing an order and receiving a shipment of peanuts involves a cost of $15 per order. Annual carrying costs are $80 per bag of peanuts. In this example, pretend that baseball is played year-round.

What is the total cost assuming no purchase discounts?

2. The College of Business at MSU uses an average of 50 boxes of copier paper a day. The college operates 275 days a year. Storage and handling costs for the paper are $25 a year per box, and it costs approximately $50 to order and receive a shipment of paper. It takes 5 days to receive a new box of paper.

When should the Dean's Office reorder copy paper?

Reference no: EM132262335

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