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Author Question: As an inventory manager, you must decide on the order quantity for an item. Its annual demand is 300 ... (Read 84 times)

jon_i

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As an inventory manager, you must decide on the order quantity for an item. Its annual demand is 300 units. Ordering cost is $20 each time an order is placed, and the holding cost is 30 percent of the per-unit price. Your supplier provided the following price schedule.

What ordering-quantity policy do you recommend?
◦ Greater than 100 units but fewer than or equal to 150 units
◦ More than 150 units
◦ Fewer than or equal to 50 units
◦ Greater than 50 units but fewer than or equal to 100


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Marked as best answer by jon_i on Apr 18, 2020

tandmlomax84

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jon_i

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Reply 2 on: Apr 18, 2020
Excellent


Kedrick2014

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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