Expand mobile version menu
  Skip to main content

Purchasing Manager

salary graphic

AVG. SALARY

$116,260

education graphic

EDUCATION

Bachelor's degree or higher +

job outlook graphic

JOB OUTLOOK

Stable

Real-Life Activities

Real-Life Math -- Solution

You know that you need 15 lab stools.

Supplier A can sell them to you for $270 each.

It doesn't matter what he charges for 10 or 20 stools, because you know you need 15.

Supplier B says he will sell you 50 stools for $13,000.

Then you must add the storage fee:

$100 per month x 12 months = $1,200

Now add these 2 together to find the total cost of 50 lab stools:

$13,000 + $1,200 = $14,200

To compare the costs of the stools, divide $14,200 by 50.

Each stool from supplier B will cost $284.

It would be better to go with supplier A, who is only charging $270 per stool.


Contact

  • Email Support

  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900

Support


Powered by XAP

OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.