Question: a) What is the EOQ without the discount? EOQ = b) What is the total cost if Meena orders 300 units at a time in

a) What is the EOQ without the discount? EOQ = b)

a) What is the EOQ without the discount?

EOQ =

b) What is the total cost if Meena orders 300 units at a time in order to qualify for the discount?

Problem 12.23 Question Help Meena Distributors has an annual demand for an airport metal detector of 1,400 units. The cost of a typical detector to Meena is $400. Carrying cost is estimated to be 19% of the unit cost, and the ordering cost is $28 per order. If Purushottama Meena, the owner, orders in quantities of 300 or more, he can get a 5% discount on the cost of the detectors. Should Meena take the quantity discount? What is the EOQ without the discount? EOQ = units (round your response to one decimal place)

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