Noticing that the ties are of two types 6200 solids and, Operation Management

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Noticing that the ties are of two types 6200 solids and

A men's accessories buyer purchases 10,000 neckties from a manufacturer at the low cost of $16 per tie. Noticing that the ties are of two types, 6,200 solids and 3,800 stripes, the buyer decides to attempt some creative merhcandising. If each solid tie is retailed at $45, what minimum retail price should be placed on each striped tie if the average markup of 68% is desired?

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Operation Management: Noticing that the ties are of two types 6200 solids and

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