Markel is buying a new car but needs to keep his payments under $250.00 per month. he would also like to pay it off as quickly as possible so he can start saving for a vacation. which option will meet both his budget and his vacation plans?

The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?