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Concord Ltd. Has the following quantity discount policy with its supplier Evanora Inc. x Exercise 16.21 Exercise 16.23 Exercise 16.25 Review Score Review Results by
Concord Ltd. Has the following quantity discount policy with its supplier Evanora Inc. x Exercise 16.21 Exercise 16.23 Exercise 16.25 Review Score Review Results by Study Objective Quantity Price per Case 1-299 cases $29.00 300-749 cases $27.58 750-1,499 cases $26.18 1,500 + cases $25.20 The economic order quantity is 138 cases and the annual usage is 38,088 cases. The ordering cost (K) is $4 per order and the carrying cost of inventory (H) is $16 per unit. Determine the most cost-effective order quantity. (Round answers to 2 decimal places, e.g. 125.74.) Most cost effective order quantity Total Cost $ Concord Ltd. Has the following quantity discount policy with its supplier Evanora Inc. x Exercise 16.21 Exercise 16.23 Exercise 16.25 Review Score Review Results by Study Objective Quantity Price per Case 1-299 cases $29.00 300-749 cases $27.58 750-1,499 cases $26.18 1,500 + cases $25.20 The economic order quantity is 138 cases and the annual usage is 38,088 cases. The ordering cost (K) is $4 per order and the carrying cost of inventory (H) is $16 per unit. Determine the most cost-effective order quantity. (Round answers to 2 decimal places, e.g. 125.74.) Most cost effective order quantity Total Cost $
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