Place the following steps for finding the EOQ in a quantity discount model with variable H in the correct order.
Instructions
Drag and drop application.
a. Choice 1 of 4. Otherwise, compare total costs at the price breaks for all lower prices with the total cost of the feasible minimum point. toggle button
Otherwise, compare total costs at the price breaks for all lower prices with the total cost of the feasible minimum point.
b. Choice 2 of 4. If the minimum point at the lowest cost is feasible, it is the optimal solution. toggle button
If the minimum point at the lowest cost is feasible, it is the optimal solution.
c. Choice 3 of 4. The optimal point is the quantity that yields the lowest total cost. toggle button
The optimal point is the quantity that yields the lowest total cost.
d. Choice 4 of 4. Start with the lowest price. Compute the minimum point for each price range until you find a feasible point. toggle button
Start with the lowest price. Compute the minimum point for each price range until you find a feasible point.