A company is presently ordering on the basis of an EOQ. The demand is 10,000 units a
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A company is presently ordering on the basis of an EOQ. The demand is 10,000 units a year, unit cost is $10, ordering cost is $30, and the cost of carrying inventory is 20%. The supplier offers a discount of 3% on orders of 1000 units or more. What will be the saving (loss) of accepting the discount?
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Given Demand D 10000 units per year Unit cost p 10 Ordering cost S 3...View the full answer
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Related Book For 
Introduction To Materials Management
ISBN: 978-9386873248
8th edition
Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen
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