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II only have 2 more attempts for this question, please help with total cost. Your answer is partially correct. Try again. Concord Ltd. Has the
II only have 2 more attempts for this question, please help with total cost.
Your answer is partially correct. Try again. Concord Ltd. Has the following quantity discount policy with its supplier Evanora Inc. Quantity Price per Case 1-299 cases $21.00 300-749 cases $19.78 750-1,499 cases $18.58 1,500 + cases $17.42 The economic order quantity is 138 cases and the annual usage is 22,218 cases. The ordering cost (K) is $6 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 1500 X Total Cost 397626.43Step by Step Solution
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