Question: please solve fast to get thumbs up. Answer next three questions using the following information. The annual demand for an item is 10,000 units. The

please solve fast to get thumbs up. Answer next

please solve fast to get thumbs up.

Answer next three questions using the following information. The annual demand for an item is 10,000 units. The cost to process an order is $75 and the annual inventory holding cost is 20% of item cost. The price structure is shown below. Quantity 1 - 999 1.000 - 7,999 8,000 or more Price $2.50 per unit $2.00 per unit $ 1.80 per unit What is the optimal order quantity? 7999 1732 1805 8000 999 LUCILIUI LU 1 pomis) What is the optimal order quantity of the second price class (1000 - 7,999)? 1936 1805 7999 1000 1732 Question 27 (2 points) What is the optimal total cost? 18000.71 23831.02 19533.75 26000.5 18453.75

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!