Question: also include What is the total cost if the EOQ is used without thediscount? _____ $ Meena Distributors has an annual demand for an airport
also include
What is the total cost if the EOQ is used without thediscount? _____ $
Meena Distributors has an annual demand for an airport metal detector of 1400 units. The cost of a typical detector to Meena is $400.00. Carrying cost is estimated to be 20% of the unit cost, and the ordering cost is $25.00 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=31 units (round your response to one decimal place)
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