Question: Exercise 16.24 Incorrect answer. Your answer is incorrect. Try again. Whispering Co. has the following quantity discount policy with its supplier. Quantity Price per Unit

Exercise 16.24 Incorrect answer. Your answer is incorrect. Try again. Whispering Co. has the following quantity discount policy with its supplier. Quantity Price per Unit 1499 units $14.00 500999 units $13.70 1,0001,999 units $13.20 2,000 units + $12.30 The economic order quantity is 720 units and the annual usage is 12,442 units. The ordering cost (K) is $25 per order and the carrying cost of inventory (H) is $1.20 per unit. Determine the most cost effective order quantity. (Round answers to 2 decimal places, e.g. 125.74.) The most cost effective order quantity is Entry field with incorrect answer 720.01 Total Cost Entry field with incorrect answer 9864.14

Exercise 16.24 x Your answer is incorrect. Try again. Whispering Co. has the following quantity discount policy with its supplier. Quantity Price per Unit 1-499 units $14.00 500-999 units $13.70 1,000-1,999 units $13.20 2,000 units + $12.30 The economic order quantity is 720 units and the annual usage is 12,442 units. The ordering cost (K) is $25 per order and the carrying cost of inventory (H) is $1.20 per unit. Determi the most cost effective order quantity. (Round answers to 2 decimal places, e.g. 125.74.) The most cost effective order quantity is 720.01 x Total Cost 9864.14 LINK TO TEXT Question Attempts: 1 of 3 used SAVE FOR LATER SUBMIT ANSW

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