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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
Ordering cost
$250 per order
$100 per order
$1000 per order
$80 per order
Lead Time
3 days
4 days
5 days
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