Pizza store purchases a bag of flour for $20 and it needs 450 bags per year. It incurs a fixed order cost of $1 per order and 5 % annual holding costs. It is offered a 5 % discount if it purchases 200 bags or more. How much does it save each year (including purchasing, ordering, and holding costs) if it purchases enough bags to get the discount

Jason is looking for an engagement ring to offer his girlfriend. he has found a similar ring at each of four different jewelry stores. he doesn't have enough money to pay for the ring in cash, so he is planning on opening a line of credit (credit card) at the store he ends up buying the ring from. the chart below outlines the difference in the price of the rings the different stores offer as well as the difference in credit options. jason plans to pay off the ring purchase in 36 months. according to the information in the table, which of the jewelry stores will have the cheapest ring in the end?