Question: 5 6 Question 25 (2 points) Answer next three questions using the following information The annual demand for an item is 10,000 units. The cost

5 6 Question 25 (2 points) Answer next three
5 6 Question 25 (2 points) Answer next three
5 6 Question 25 (2 points) Answer next three questions using the following information The annual demand for an item is 10,000 units. The cost to process an order is $75 and the annual Inventory holding cost is 20% of item cost. The price structure is shown below 8 9 11 12 Quantity 1 - 999 1,000 - 7,999 8,000 or more Price $2.50 per unit $2.00 per unit $1.80 per unit 15 17 18 What is the optimal order quantity? 20 21 1805 8000 3 24 999 1732 7999 Question 26 (2 points) What is the optimal order quantity of the second price class (1000 - 7,999)? 7999 1732 1805 1000 1936 Question 27 (2 points) What is the optimal total cost? 26000.5 O 19533.75 23831.02 18453.75 18000.71

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!