Question: Bonus Assignment 6 Annual demand for an item is 2000 units, order cost is 10 and the annual holding cost is 40% of unit cost.

Bonus Assignment 6 Annual demand for an item is

Bonus Assignment 6 Annual demand for an item is 2000 units, order cost is 10 and the annual holding cost is 40% of unit cost. Unit cost/quantity ordered is given below. What is the optimal order size? Quantity Unit price 0 to 499 1 500 to 999 0.8 1000 and over 0.6

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