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EOQ Model for Coliseum Cup Inventory by Michael Walsh is a document available to read on EtoBox.

The City Coliseum annually sells large quantities of cups for drinks and has been offered a discount pricing structure by their cup supplier. The pricing structure has four tiers based on order quantity, with prices ranging from $47 to $38 per box of 100 cups. The annual demand for cups is 2.3 million and the annual carrying cost is 5% of the price per box. The optimal order quantity that minimizes total annual inventory costs is 12,000 boxes. The total annual inventory cost at this order quantity is approx

Author

Michael Walsh

Language

EN