Multiple Choice
Pottery House orders finished goods for the business quite frequently. The business generally orders 6,500 serving sets a year at $40 per set. Carrying costs are 20% of inventory and it costs $30 to place and receive an order. How many orders should Pottery House place per year and what should the size of each order be?
A) 255 sets; 25X per year
B) 221 sets; 29X per year
C) 93 sets; 70X per year
D) 156 sets; 42X per year
Correct Answer:
Verified
Correct Answer:
Verified
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