37.0k views
3 votes
For the inventory items listed below, calculate the required number of pallets for each item

1 Answer

3 votes

Final answer:

To calculate the required number of pallets for each item, divide the amount spent on each item by the price per item.

Step-by-step explanation:

To calculate the required number of pallets for each item, we need to divide the amount spent on each item by the price per item. Given the provided data, we would calculate the required number of pallets by dividing the Amount Spent for each period by the Price per item to determine the quantity of each item purchased. Since there are no specific details regarding pallet capacities or inventory quantities per pallet, further information would be required for a complete answer. We can also note that the 'Procedures' passage suggests some connection to economics or logistics in an educational setting, indicating that these might be hypothetical exercises for students related to supply chain management. This will give us the quantity of items purchased in each period. For example, for (Pd 1), the amount spent is $60.00 and the price is $3.00, so the quantity is $60.00 / $3.00 = 20. Therefore, we would need 20 pallets for (Pd 1). Repeat this process for each item to calculate the required number of pallets.

User Shaida
by
6.9k points