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The following quantity discount is offered to a company that purchases 145,000 units of the product annually. Order Quantity Price per Unit $60 0-1,999 $59
The following quantity discount is offered to a company that purchases 145,000 units of the product annually. Order Quantity Price per Unit $60 0-1,999 $59 2,000-2,999 3,000 or more $54 Each time an order is placed, the company incurs a cost of $90. If the company's carrying charge is 25% of the price of the item, what order quantity should it use to minimize its total inventory-related costs? The company's decision would be to order units. (Enter your response rounded to the nearest whole number) The total annualized inventory costs for this quantity is S(Enter your response rounded to the nearest dollar
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