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Sweet Co. has the following quantity discount policy with its supplier. Quantity Price per Unit 1-499 units $14.00 500-999 units $13.80 1,000-1,999 units $13.20 2,000
Sweet Co. has the following quantity discount policy with its supplier. 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 550 units and the annual usage is 12,100 units. The ordering cost (K) is $20 per order and the carrying cost of inventory (H) is $1.60 per unit. Determine the most cost effective order quantity. (Round answers to 2 decimal places, eg. 125.74.) The most cost effective order quantity is Total Cost e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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