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The annual demand, ordering cost, and the annual inventory carrying cost rate for a certain item are D=600 units, S=$20 /order and I=30% of item
The annual demand, ordering cost, and the annual inventory carrying cost rate for a certain item are D=600 units, S=$20 /order and I=30% of item price. Price is established by the following Quantity discount schedule. Range 1 Range 2 Range 3 Minimum quantity 150250 250 and Quantity 1 to 4950 to 249 up $5.00 per $4.50 per $4.10 per Price unit unit unit What is the holding cost for Range 2 ? What is the Total unit cost for Range 2? What is the ordering cost for Range 2? What is the actual order quantity for Range 3? What is the Total 1. 126 Inventory cost for Range 3 ? 2. 133 What is the actual order quantity for Range 2 ? 3. 140 What is the holding cost 4. 250 for Range 3 ? What is the ordering cost 5. $90 for Range 3 ? 6. $153.75 What is the calculated What is the ordering cost for Range 3? What is the calculated order quantity (Q) for Range 1? What is the calculated order quantity (Q) for Range 3? What should the order quantity be in order to minimize the total annual cost? What is the calculated order quantity (Q) for Range 2? What is the Total unit cost for Range 3? What is the Total Inventory cost for Range 2? What is the actual order quantity for Range 1
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