Operations Research inventory , Mathematics

Assignment Help:
A firm buys a product using the price schedule given in the table:
The company estimate holding costs at 10% of the purchase price per year and ordering costs at $40 per order . the firm''s annual demand is 460 units to optimize costs:
1-determine how often the firm should order
2-determine the size of each order and
3-at what price should the firm order
Price per unit Order size
$20.00 0-99 units
$19.50 100-199 units
$19.00 200-299 units
$18.75 300 or more units

Related Discussions:- Operations Research inventory

Evaluate this integral value, The base of a right cylinder is the circle in...

The base of a right cylinder is the circle in the xy -plane with centre O and radius 3 units. A wedge is obtained by cutting this cylinder with the plane through the y -axis in

Distinct roots, There actually isn't a whole lot to do throughout this case...

There actually isn't a whole lot to do throughout this case.  We'll find two solutions which will form a basic set of solutions and therefore our general solution will be as,

Two circles touching internally prove that ox:oy=oa:ob, Two circles touchin...

Two circles touching internally at O. OXY, OAB straight lines, the latter passing through the centres. Prove that OX : OY = OA : OB. Given : Two circles touching internally a

Set builder notation, For inequalities we contain a similar notation.  Base...

For inequalities we contain a similar notation.  Based on the complexity of the inequality the solution set might be a single number or it might be a range of numbers. If it is jus

Geometry, two sides of an equilateral triangle have lengths 3x-1 and 3x-1. ...

two sides of an equilateral triangle have lengths 3x-1 and 3x-1. Which of 27-x or 2x-4 could be the length of the third side?

Important points about the alternating series test, Important Points About ...

Important Points About the Alternating Series Test There are a several things to note about this test.  Very first, unlike the Integral Test and the Comparison or Limit Compari

Describe about parallel and perpendicular lines, Describe about Parallel an...

Describe about Parallel and Perpendicular Lines ? Parallel Lines : Parallel lines are coplanar lines (lines that lie in the same plane) that never intersect. The bl

Standard deviation, i need to work out the standard deviation of 21.4

i need to work out the standard deviation of 21.4

Draw the digraph for the partial order, 1. Consider the relation on A = {1,...

1. Consider the relation on A = {1, 2, 3, 4} with relation matrix: Assume that the rows and columns of the matrix refer to the elements of A in the order 1, 2, 3, 4. (a)

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd