Question: the question is clear Question: As inventory manager, you must decide on the order quantity for an item that has an annual demand of 2,000

the question is clear Question: As inventory

the question is clear

Question: As inventory manager, you must decide on the order quantity for an item that has an annual demand of 2,000 units. Placing an order costs you $20 each time. Your annual holding cost, expressed as a percentage of average inventory value, is 20 percent. Your supplier has provided the following price schedule. Minimum Order Quantity Price per Unit $2.50 300 $2.48 500 $2.46 850 $2.44 Use Excel to sketch the cost curves of the four prices and show the best quantity. To make your sketch look clear, for the x-axis, use the range 0-1000, while for the y-axis, use the range from 5000 to 5300. e 2 of 2 130 words English (United States) Focus E- 12

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