A small mail-order company uses 18,000 boxes a year. Holding cost rate is 20 percent of unit
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A small mail-order company uses 18,000 boxes a year. Holding cost rate is 20 percent of unit cost per year, and ordering cost is $32 per order. The following quantity discounts are available. Determine:
a. The optimal order quantity.
b. The number of orders per year.
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Related Book For
Operations Management
ISBN: 978-0071091428
4th Canadian edition
Authors: William J Stevenson, Mehran Hojati
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