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Flint Ltd. Has the following quantity discount policy with its supplier Evanora Inc. Quantity Price per Case 1-299 cases $25.00 300-749 cases $23.94 750-1,499 cases
Flint Ltd. Has the following quantity discount policy with its supplier Evanora Inc. Quantity Price per Case 1-299 cases $25.00 300-749 cases $23.94 750-1,499 cases $22.56 1,500+ cases $21.55 The economic order quantity is 162 cases and the annual usage is 44.615 cases. The ordering cost (K) is $5 per order and the carrying cost of inventory (H) is $17 per unit. Determine the most cost-effective order quantity. (Round answers to 2 decimal places, e.g. 125.74.) Most cost effective order quantity 1500 Total Cost $ CA |
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