Question: Consider the all - units quantity discount schedule below. The annual demand is 9 0 , 0 0 0 units, the setup cost is $
Consider the allunits quantity discount schedule below. The annual demand is units, the setup cost is $ per order, and the annual holding cost is of the unit cost. What is the optimal order quantity? Quantity Ordered Price Per Unit $ $ $ and over $Raw materials inventory for an oil processing plant located in Arnold, MO is procured from a large supplier via rail. Each shipment costs $ The Arnold, MO facility produces gallons of oil per hour, operates hours per day in two shifts, and is open days a week for weeks a year. Raw materials cost $ per gallon and incur a holding cost of percent per year. How many gallons of raw materials should be ordered per shipment? How often will this order be placed? What is the cycle inventory for the raw materials?
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