A company will begin stocking remote control devices. Expected monthly demand is 850 units. The controllers will be purchased from RCD supplier offering price breaks for quantities. RCD's price list is as follows: Quantity Range

Unit Price

0 to 249

15.00

250 to 399

14.70

400 to

14.00

Given that ordering cost is $35 and annual holding cost is 0.30 of unit price per unit, provide the following results:

What is the feasible quantity? Blank 1

oWhat is the total annual ordering cost at this quantity? $Blank 2

oWhat is the total annual holding cost at this quantity? $Blank 3

oWhat is the total annual material cost at this quantity? $Blank 4

oWhat is the total annual cost at this quantity? $Blank 5

What is the most economical quantity to order? Blank 6

oWhat is the savings in total annual cost at this quantity? $Blank 7

FORMAT FOR ENTRIES:

All quantities and costs are in two decimals after the dot. (8457.20, for example)

DO NOT ENTER $ sign for costs

If no saving in costs is available ENTER 0.00