Part 2 - Graph It- The demand schedule below is for soda from a vending machine in a local park. The data was compiled over several weeks in the winter. Complete the following and answer the question:
5. Graph a demand curve for soda
Quantity
based off the data in the demand
Price Demanded
schedule.
$.75 50
$1.00
40
$1.25
30
6. Assume the park receives triple the
number of guests during the summer.
How will the data in the demand
schedule most likely change? Show
that change on your graph.
$1.50
20
$2.00
5

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $