Question #2020885: op. man.

Question: A manager has just received a revised price schedule from a vendor. What order quantity should the manager use in order to minimize total costs? Annual Demand is 120 units, ordering cost is $8, and annual carrying cost is $1 per unit.

Quantity Unit Price

1-39 $14

40-59 13

60-89 12

90+ 11

Solution: The solution consists of 173 words (2 pages)
Deliverables: Word Document

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