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8 December, 23:13

A construction engineering company needs to purchase 1,000 sheets of steel. Which option is the most cost-effective way to purchase them? 100 sheets at a time for $500 200 sheets at a time for $1,000 500 sheets at a time for $1,500 1,000 sheets at a time for $3,500

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  1. 8 December, 23:21
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    The most cost effective way to purchase 1000 sheets is 500 sheets at a time for $1,500.

    The cost of buying 1000 sheet by different method is

    (a) Hundred sheet at $500, = 10*$500=$5000

    (b) 200 sheet at $1000, = 5*$1000=$5000

    (c) 500 sheet at $1500, = 2*$1500=$3000

    (d) 1000 sheet at $3500, = 1*$3500=$3500

    Therefore the most cost effective way to purchase 1000 sheets is 500 sheets at a time for $1,500.
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