0 votes
59 views
asked in IM&OR by (215k points)

A company is offered the following price breaks for order quantity

     

Order quantity

Price (Rs)

0-100

101 and above

150

100

Ordering cost is Rs.60 per order while the holding costs is 10% of the purchase price. Determine the economic order quantity (EOQ) if the annual requirement is 1000 Units.                                            

Please log in or register to answer this question.

Welcome to Q&A discussion forum, where you can ask questions and receive answers from other members of the community.

10.4k questions

274 answers

26 comments

15.2k users

...