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Author Question: A neighborhood sportswear store sells a pair of Victoria sneakers for $40. Due to the recent fitness ... (Read 126 times)

Mollykgkg

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A neighborhood sportswear store sells a pair of Victoria sneakers for $40. Due to the recent fitness craze, these shoes are in high demand: 50 pairs of shoes are sold per week. The ordering cost is $20 per order, and the annual holding cost is 20% of selling price. If the store operates 52 weeks a year, what can you say about the current lot size of 235?
◦ Just right
◦ Too large
◦ Too small
◦ Cannot tell from the information given


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Marked as best answer by Mollykgkg on Apr 18, 2020

InfiniteSteez

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Mollykgkg

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Reply 2 on: Apr 18, 2020
YES! Correct, THANKS for helping me on my review


ktidd

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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