The vegetable buyer for a group of grocery storeshas

Chapter , Problem 1-63

(choose chapter or problem)

The vegetable buyer for a group of grocery storeshas decided to sell packages of sprouted grain in thevegetable section of the stores. The product is per-ishable, and any remaining unsold after one week inthe store is discarded. The supplier will deliver thepackages to the stores, arrange them in the displayspace, and remove and dispose of any old packages.The price the supplier will charge the stores dependson the size of the total weekly order for all thestores.The vegetable buyer estimates the quantity thatcan be sold per week, at various selling prices, asfollows: The sprouted grain will be sold at the same pricein all the grocery stores.(a)How many packages should be purchased perweek, and at which of the five prices listed aboveshould they be sold?(b)Build a spreadsheet (see Appendix A) to calcu-late the profit for every combination of sellingprice and weekly order size