Determine the optimal order quantity

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Reference no: EM133090119

Determine the Optimal Order quantity for the following set of conditions. Assume that there are 10 months per year and 30 days per month. (C3)

 

Set A

Set B

Set C

Set D

Demand

10,000 unit per month

2,000 unit per month

20,000 unit per year

12,000 unit per year

Holding Cost

$8 per unit 1 month

$10 for 2 units per year

$8 per unit for 4 months

$8 per unit for 2 months

Unit Cost

$10 per unit

$5 per unit

$2 per unit

$5 per unit

Ordering cost

$250 per order

$100 per order

$1000 per order

$80 per order

Lead Time

3 days

4 days

5 days

4 days

Reference no: EM133090119

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