Briefly describe what is involved is solving a qauntity discount model?
Briefly describe what is involved is solving a qauntity discount model?
Homework Answers
It can be mentioned that quantity discount model is nothing but a form of EOQ model where quantity discounts are considered which are nothing but the reduction in price so that large amount of orders or bulk of orders are actually induced on the whole and in this regard quantity discounts are involved then the holding cost and the carrying cost of inventory increase as a result of which the bhaiya should actually get to decide the optimal quantity using the EOQ model using the carrying cost, holding cost etc.
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Briefly describe what is involved is solving a qauntity discount
model?
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