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A production manager has the following data for procuring a particular item. The demand per week is 1200 units, the ordering cost is Tk. 20
A production manager has the following data for procuring a particular item. The demand per week is 1200 units, the ordering cost is Tk. 20 per order, the estimated cost of carrying is 30% per unit, and the products price is Tk 10 per unit. If the suppliers offer a quantity is at least 2000 units, a discount of 5% is given and a discount of 10% if the order is for at least 6000 units. What is the total
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