M. P. VanOyen Manufacturing has gone out on bid for a regulator component Expected demand is 725 units per month. The item can be purchased from either Allen Manufacturing or Baker Manufacturing. Their price lists are shown in the table. Ordering costis $45, and annual holding cost per unit is $6. Baker Mfg. Allen Mfg. Quantity Quantity 1-399 400-799 800+ Unit Price Unit Price 1-499 500-999 1000+ $16.00 15.50 $16.10 15.60 15.10 15.00 a) What is the economic order quantity if price is not a consideration? units (round your response to the nearest whole number).

M. P. VanOyen Manufacturing has gone out on bid for a regulator component Expected demand is 725 units per month. The item can be purchased from either Allen Manufacturing or Baker Manufacturing. Their price lists are shown in the table. Ordering costis $45, and annual holding cost per unit is $6. Baker Mfg. Allen Mfg. Quantity Quantity 1-399 400-799 800+ Unit Price Unit Price 1-499 500-999 1000+ $16.00 15.50 $16.10 15.60 15.10 15.00 a) What is the economic order quantity if price is not a consideration? units (round your response to the nearest whole number).

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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