Business, 15.04.2020 04:22 lildeb2778

Tov just opened her first fruit stand. The fruit stand sells one product, mangos, for $1 each. The demand for mangos in LA is strong: 50 mangos per day, very steadily. Tov orders her mangos from a supplier in India for $0.50 per mango. The supplier charges a fixed $25 delivery fee cost, irrespective of the size of the shipment, and guarantees 5-day delivery. Like most small business owners, Tov has been borrowing capital from the bank while she gets established. The bank charges her interest at a rate of 10% per year. Assuming mangos don't spoil, how often should Tov order mangos?

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Tov just opened her first fruit stand. The fruit stand sells one product, mangos, for $1 each. The d...

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