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Rocky Mountain Tire Center sells 8,000 go-cart tires per year

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Question;Rocky Mountain Tire Center sells 8,000 go-cart tires per year. The ordering cost for each order is $40, and the holding cost is 30% of the purchace price of the tires per year. The purchase price is $24 per tire if fewer than 200 tires are ordered, $19 per tire is 200 or more - but fewer than 5000 - tires are orderd and $14 per tire if 5,000 or more tires are ordered.a What is the total cost of this policy?please show work

 

Paper#45938 | Written in 18-Jul-2015

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