The de facto standard for the database language. Introduction: Relational database: It is a collection of multiple data sets constituted by rows, columns, and tables. It aids in developing a well-established relationship between different database tables. Information is shared between these tables for efficient use.

Question

The annual demand, ordering cost, and the annual inventory carrying cost rate for a certain item are D = 800 units, S = $25/order and I = 30% of item price. Price is established by the following quantity discount schedule. What should the order quantity be in order to minimize the total annual cost? Quantity Price Q2 1 to 49 $5.00 per unit 50 to 249 $4.50 per unit 250 and up $4.10 per unit An electric toy car manufacturer Baranka makes its own wind-up motors, which are then put into its cars. While the toy manufacturing process is continuous, the motors are intermittent flow. Baranka has an annual demand of 50,000 cars. It costs $90 to set up production process and 20 cents to hold one unit per year. Baranka's daily manufacturing capability is 1,000 units, and ships 200 units to the customers daily.

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Chapter 6, Problem 8DQ

Summary Introduction

To explain: The de facto standard for the database language.

Introduction:

Relational database:

It is a collection of multiple data sets constituted by rows, columns, and tables. It aids in developing a well-established relationship between different database tables. Information is shared between these tables for efficient use.

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The annual demand, ordering cost, and the annual inventory carrying cost rate for a certain item are D = 800 units, S = $25/order and I = 30% of item price. Price is established by the following quantity discount schedule. What should the order quantity be in order to minimize the total annual cost? Quantity Price Q2 1 to 49 $5.00 per unit 50 to 249 $4.50 per unit 250 and up $4.10 per unit An electric toy car manufacturer Baranka makes its own wind-up motors, which are then put into its cars. While the toy manufacturing process is continuous, the motors are intermittent flow. Baranka has an annual demand of 50,000 cars. It costs $90 to set up production process and 20 cents to hold one unit per year. Baranka's daily manufacturing capability is 1,000 units, and ships 200 units to the customers daily.

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