Sheetz' purchasing department is trying to establish an ordering policy for coffee that will minimize total costs. forecasted demand for coffee for the next year is 100,000 lbs. the supplier offers the following quantity discount schedule. order quantity price per pound 0-4,999 12.25 5,000-39,999 10.9 40,000+ 10.82 the purchasing department estimates the cost of placing an order at $117 and the inventory holding cost to be 7% of the unit cost. what is the optimal order size? round your answer to the nearest integer.

marketing strategies should be established before marketing objectives are decided. t/f

In order to minimize project risk which step comes after the step of identifying risks

Depreciation on the company's equipment for 2017 is computed to be $18,000.the prepaid insurance account had a $6,000 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of the company's insurance policies showed that $1,100 of unexpired insurance coverage remains.the office supplies account had a $700 debit balance on december 31, 2016; and $3,480 of office supplies were purchased during the year. the december 31, 2017, physical count showed $300 of supplies available.two-thirds of the work related to $15,000 of cash received in advance was performed this period.the prepaid insurance account had a $6,800 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of insurance policies showed that $5,800 of coverage had expired.wage expenses of $3,200 have been incurred but are not paid as of december 31, 2017.