A small mail-order company uses 18,000 boxes a year. Holding cost rate is 20 percent of unit

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A small mail-order company uses 18,000 boxes a year. Holding cost rate is 20 percent of unit cost per year, and ordering cost is $32 per order. The following quantity discounts are available. Determine:
a. The optimal order quantity.
b. The number of orders per year.
A small mail-order company uses 18,000 boxes a year. Holding
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Operations Management

ISBN: 978-0071091428

4th Canadian edition

Authors: William J Stevenson, Mehran Hojati

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