EOQ is 14.1421 tonnes with a total demand for the stock being 1000 tonnes, order cost being Rs 2 per order and carrying cost being Rs 20 per tonne. The supplier provides discount at the rate of Re 0.10 each tonne if the purchase amount is at least 20 tonnes. Should the firm place an order for 20 tonnes in order to avail of the discount?
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here