Chapter 3: 14BP_b (page 222)
In the second year, Fisk Corporation finds that it can reduce ordering costs to \(2 per order but that carrying costs stay the same at \)1.60 per unit. Also, volume remains at 49,000 units per year.
b. How many orders will be placed during the year?
The number of orders placed is 140 orders.
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Route Canal Shipping Company has the following schedule for aging of accounts receivable:
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