Question: A Publishing house purchases 2 , 0 0 0 units of a particular item per year at a unit cost of $ 2 0 .

A Publishing house purchases 2,000 units of a particular item per year at a unit cost of $20. The ordering cost per order is $50 and carrying cost is $25. Find the optimal order quantity and minimum total cost including purchase cost. If a 3% discount is offered by the supplier for purchases in lots of 1,000 or more, should the publishing house accept the proposal?
A Publishing house purchases 2,000 units of a particular item per

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