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provide with supporting A company manufactures a special product which requires a component 'Alpha'. The following particulars are collected for the year 2015. The company
provide with supporting
A company manufactures a special product which requires a component 'Alpha'. The following particulars are collected for the year 2015. The company has been offered a quantity discount of 4% on the purchase of 'Alpha' provided the order size is 4,000 components at a time. Required: (a) Compute the economic order quantity. (b) Advise whether the quantity discount offer can be acceptedStep by Step Solution
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