Question: Problem 11-38 A particular raw material is available to a company at three different prices, depending on the size of the order: Less than 100

Problem 11-38 A particular raw material is available to a company at three different prices, depending on the size of the order: Less than 100 pounds 100 pounds to 3,999 pounds 4,000 pounds or more $ 30 $29 $28 per pound por pound per pound The cost to place an order is $30. Annual demand is 2,600 units. Holding (or carrying) cost is 25 percent of the material price. What is the economic order quantity to buy each time, and its total cost? (Round your answers to the nearest whole number.) Economic order quantity Total cost pounds References eBook & Resources Worksheet Dificulty: Intermediato Problem 11-38 Learning Objective: 11-02 Analyze how different inventory control systems work

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