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Tue 18 Aug, 2020 05:44 pm
Demand is 5,000 units per year. Ordering cost is N100 per order and the basic unit price is N5. Carrying cost are 20% per annual. Discounts are available thus:
1,200 – 1,399 Less 10%
1,400 – 1,499 Less 15%
1,500 and over Less 20%
What is the most economical quantity to order?
@chai2,
Is a boggled mind really a bad thing? Or is it really a good thing?
....or does a be-boggled mind knoweth not the difference and thusfore careth not?
Or is that notteth?
@Sturgis,
I played Boggle. It’s a great word game and fun for the whole family.