quantity discount

Related BrainMass Solutions

• EOQ Model and Quantity Discount

  This solution shows how to calculate the economic order quantity when quantity discount is offered.

• Calculate Quantity Discount for Inventory and EOQ

  Excel file contains calculations of Quantity Discount for Inventory and EOQ.

• EOQ to Minimize Annual Cost

  • Step 2: For those Q that are too small to receive the discount price, adjust the order quantity upward to the nearest quantity that will receive the discount price. For category 1 and 2 no adjustments are needed.

• Find Economic Order Quantity

  Then, for any discount, if the order quantity is too low to qualify for the discount, adjust the order quantity upward to the lowest quantity that qualifies for the discount.

• Economic Order Quantity: Order quantity

  190242 Economic Order Quantity: Order quantity 1.

• Description of Optimal Order Quantity

  = 500 Determine the bookstore's optimal order quantity given the above quantity discount information.

• Operations Management: The bookstore at Tech

  The vendor has offered the bookstore the following volume discount schedule: Order Size Discount 1-299 0% 300-499 2% 500-799 4% 800+ 5% What is the bookstore's optimal order quantity, given this quantity discount information?

• Elasticity of demand for gasoline and public transport

  The quantity demanded is 200 million gallons of gas a week. If gas were to increase to $1.68 a gallon the quantity demanded would fall to 158.7 million gallons a week.

• Inventory control

  • Step 2: For those Q that are too small to receive the discount price, adjust the order quantity upward to the nearest quantity that will receive the discount price.

• Lott Manufacturing: Quantity Discounts

  Lott Manufacturing was recently approached by its supplier with a new quantity discount program. The supplier offered the following quantity discounts.