For product W, a firm has an annual holding cost percentage of 20%, an ordering cost of $110 per order, and annual demand of 15,000 units. The following price schedule applies to the firm's purchases.

What is the optimal order quantity?

Question

For product W, a firm has an annual holding cost percentage of 20%, an ordering cost of $110 per order, and annual demand of 15,000 units. The following price schedule applies to the firm's purchases.

What is the optimal order quantity?

Quizplus · Accepted Answer

The Answer of For product W, a firm has an annual holding cost percentage of 20%, an ordering cost of $110 per order, and annual demand of 15,000 units. The following price schedule applies to the firm's purchases.

What is the optimal order quantity?

For Product W, a Firm Has an Annual Holding Cost