ch06 - In-Class Assignment (QTY DISC)

ch06 - In-Class Assignment (QTY DISC) - Order Quantity Unit...

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OPER1401 Name : Inventory Management Quantity Discount / Price Break EOQ assignment. Larry LaForge owns a decorating business. It is a small operation and Larry is trying to save money where he can. He purchases bolts of fabric that he uses when decorating clients homes. He has been presented with the following discount table from the fabric supplier…
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Unformatted text preview: Order Quantity Unit Cost (bolts) per bolt Q1 9 or less $18.00 Q2 10 to 50 $17.50 Q3 more than 50 $17.25 Additional information is as follows. The cost to place an order is $45, carrying cost is 20% and annual demand is 100 bolts. What quantity do you recommend be purchased ? (please show all work)...
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