What is the optimal order quantity?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Compute the EOQ given the following information.
The annual consumption is 6000 units, ordering cost is RO 60 per order and carrying cost is 20% of the price.
The supplier quotes the following prices for the component.

No of units bought at time
Price per unit
Less then 1000
OMR 10
1000 to 2999
OMR 9.5
3000 and above
OMR 9

What is the optimal order quantity?

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