Question: Problem 5 ( 1 5 points ) . A manufacturing plant procures 1 0 0 , 0 0 0 filters per year. Each unit has
Problem points A manufacturing plant procures filters per year. Each unit has a fixed order cost is $ To maintain the inventory in optimal conditions, there is a carrying cost rate of per year. The vendor of filters has offered the following price breaks: for orders of more than filters, cost is $unit; for orders between and filters, cost is $unit; orders less than filters have a cost of $unit
points Find the economic order quantity.
points Calculate the average annual cost for the optimal solution.
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