The annual demand ordering cost and the inventory carrying


The annual demand, ordering cost, and the inventory carrying cost rate for a certain item are D = 600 units, S = $20/order and I = 30% of item price. Price is established by the following quantity discount schedule. What should the order quantity be in order to minimize the total annual cost? Quantity 1 to 49 50 to 249 250 and up Price $5.00 per unit $4.50 per unit $4.10 per unit

Request for Solution File

Ask an Expert for Answer!!
Operation Management: The annual demand ordering cost and the inventory carrying
Reference No:- TGS01275568

Expected delivery within 24 Hours