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Massa Machine Tool Expects Total Sales of $60,000

question 96

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Massa Machine Tool expects total sales of $60,000. The price per unit is $10. The firm estimates an ordering cost of $25 per order, with an inventory cost of $0.70 per unit. What is the optimum order size?


Definitions:

Perform Work

The act of carrying out tasks or duties, usually in the context of employment or professional obligations.

Notify Principal

The action of informing the principal party or main authority about relevant or important information.

Limited Liability Company

An organizational form that merges the limited liability offered by a corporation with the partnership or sole proprietorship's benefit of pass-through taxation.

Limited Liability Partnership

A partnership in which some or all partners have limited liabilities, protecting them from being personally liable for the acts of the partnership.

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