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Shamrock Co. has the following quantity discount policy with its supplier. Exercise 16.20 Exercise 16.22 Exercise 16.24 Review Score Review Results by Study Objective Quantity
Shamrock Co. has the following quantity discount policy with its supplier. Exercise 16.20 Exercise 16.22 Exercise 16.24 Review Score Review Results by Study Objective Quantity Price per Unit 1-499 units $14.00 500-999 units $13.80 1,000-1,999 units $13.20 2,000 units + $12.30 The economic order quantity is 610 units and the annual usage is 12,685 units. The ordering cost (K) is $22 per order and the carrying cost of inventory (H) is $1.50 per unit. Determine the most cost effective order quantity. (Round answers to 2 decimal places, e.g. 125.74.) The most cost effective order quantity is Total Cost
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