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Culver Ltd. Has the following quantity discount policy with its supplier Evanora Inc. Quantity Price per Case 1-299 cases $24.00 300-749 cases $22.84 750-1,499 cases
Culver Ltd. Has the following quantity discount policy with its supplier Evanora Inc. Quantity Price per Case 1-299 cases $24.00 300-749 cases $22.84 750-1,499 cases $21.87 1,500 + cases $20.93 The economic order quantity is 149 cases and the annual usage is 31,081 cases. The ordering cost (K) is $5 per order and the carrying cost of inventory (H) is $14 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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