Business, 19.05.2021 22:30 rightstrong9827
A manager has just received a revised price schedule from a vendor. What order quantity should the manager use to minimize total costs? Annual Demand is 750 units, ordering cost is $50, and annual carrying cost is $2 per unit.
Quantity Unit Price
1 to 119 $8.00
120 to 239 $7.50
240 to 359 $7.00
360 or more $6.50
Answers: 3
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