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Question One Demand is 5,000 units per year. Ordering costs are 100 per order and the basic unit price is 5. Carrying costs are 20%

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Question One Demand is 5,000 units per year. Ordering costs are 100 per order and the basic unit price is 5. Carrying costs are 20% p.a. Discounts are available thus: 1,200 - 1,399 Less 10% 1,400 - 1,499 Less 15% 1,500 and over Less 20% What is the most economical quantity to order

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