Determine the optimal Q and TC given the following information:D = 30,000 boxesCh = $2Co$300Discount schedule:Quantity (boxes)Price ($ per box)431 to 9,99910,000 to 14,9994115,000 to 19,9993820,000 or more36Show complete solution.

Given data: Annual demand(D) = 30,000 units Ordering cost(S) = $300 Holding cost(H) = $2

Answered: Determine the optimal Q and TC given…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter9: Decision Making Under Uncertainty

Section: Chapter Questions

Problem 46P

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Determine the optimal Q and TC given the following information: D = 30,000 boxes ● Ch = $2 Co = $300 ● Discount schedule: Price ($ per box) Quantity (boxes) 1 to 9,999 43 10,000 to 14,999 41 15,000 to 19,999 38 20,000 or more 36 Show complete solution.