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1. |
A company offered the following price breaks for order quantity as follows:1. Order quantity < 500, price Rs 10.002. Order quantity > 500, price Rs 9.00Order cost is Rs 100.00 per order, while the holding cost is 25% of the unit price. Determine the economic order quantity if the annual requirement is 2500. |
A. | 447 |
B. | 471 |
C. | 500 |
D. | 600 |
Answer» D. 600 | |