Question: a manager has just received a revised price schedule from a vendor. what order quanity should the manager use in order to minimize total costs?

a manager has just received a revised price schedule from a vendor. what order quanity should the manager use in order to minimize total costs? annual demand is

120

units ordering cost

10

$ and annual carry cost is

1

per unit. determine the optimal order... if carrying cost is

20 %

of the unit

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