Consider the $9.40 per sheet figure as the base price and use the information in Scenario 11.4 to answer the following question.What percentage discount from the base price results in an optimal order quantity of 101 sheets?

A) 2.16%
B) 2.03%
C) 1.86%
D) 1.42%

Question

Tatyana Jones · Accepted Answer

Final Answer : A, Explanation :   The optimal order quantity of 101 sheets or more offers a price of $9.20 per sheet, compared to the base price of $9.40 per sheet. The percentage discount is calculated as   9.40 − 9.20 9.40 × 100 % = 2.13 % \frac{9.40 - 9.20}{9.40} 	imes 100\% = 2.13\% 9.40 9.40 − 9.20 ​ × 100% = 2.13%  . However, since 2.13% is not an option and considering rounding, 2.16% is the closest and correct choice.

Consider the $9.40 per sheet figure as the base price and use the information in Scenario 11.4 to answer the following question.What percentage discount from the base price results in an optimal order quantity of 101 sheets?

A) 2.16%
B) 2.03%
C) 1.86%
D) 1.42%

Definitions

Learning Objectives

Learning Objectives

Related questions

Consider the $9.40 per sheet figure as the base price and use the information in Scenario 11.4 to answer the following question.What percentage discount from the base price results in an optimal order quantity of 101 sheets?A) 2.16%B) 2.03%C) 1.86%D) 1.42%

Definitions

Learning Objectives

Learning Objectives

Related questions

Consider the $9.40 per sheet figure as the base price and use the information in Scenario 11.4 to answer the following question.What percentage discount from the base price results in an optimal order quantity of 101 sheets?

A) 2.16%
B) 2.03%
C) 1.86%
D) 1.42%