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Question: a company uses a special bracket in the manufacture of...

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A company uses a special bracket in the manufacture of its products which it orders from outside suppliers. The appropriate data are: Demand Order cost Carrying cost Basic item price 2,000 per annum S20 per order 20% of item price $10 per bracket The company is offered the following discounts on the basic price: less 2% less 4% less 5% For order quantities 400-799 800-1,599 2 1,600 and over You are required to establish the most economical quantity to order.
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