Question

(b) A particular raw material is available to a company at three different prices.
depending on the size of the order. The supplier had offered the following discount
scheme.
Quantity
Price per kg
Less than 100 kg
Rs. 20 per kg
100 kg to 1,000 kg
Rs.19 per kg
More than 1,000 kg
Rs. 18 per kg
The cost to place an order is Rs. 400. Annual demand is 3,000 units. Holding cost is
25 percent of the material price. How much to order to avail discount scheme?​

Answer 1

Answer:More than 1000 kg taken

Step-by-step explanation: