Find the Optimal Economic order quantity for the following: Annual Demand - 3600 units Ordering Cost-$50 Cost of Storage - 20% of the unit price Price Break: Quantity 0s Q1s 100 100 ≤ Q2 321 Units 363 Units 316 Units 417 Units Next Unit cost (S) 20 18

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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hipra Sharma
< 13 / 20
Quantity
Os Q1s 100
100 ≤ Q2
Find the Optimal Economic order quantity for the following:
Annual Demand - 3600 units
Ordering Cost - $ 50
Cost of Storage - 20% of the unit price
Price Break:
321 Units
363 Units
316 Units
417 Units
Next
>
B
>>
Unit cost (S)
20
O O 8
65%
46 min 06 secs
Transcribed Image Text:hipra Sharma < 13 / 20 Quantity Os Q1s 100 100 ≤ Q2 Find the Optimal Economic order quantity for the following: Annual Demand - 3600 units Ordering Cost - $ 50 Cost of Storage - 20% of the unit price Price Break: 321 Units 363 Units 316 Units 417 Units Next > B >> Unit cost (S) 20 O O 8 65% 46 min 06 secs
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