January 2018
Intermediate to advanced
480 pages
236h 9m
English
book
Operations Management: Processes and Supply Chains, 12th Edition
by Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
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Quantity Discounts
Quantity discounts, which are price incentives to purchase large quantities, create pressure to maintain a large inventory. For example, a supplier may offer a price of $4.00 per unit for orders between 1 and 99 units, a price of $3.50 per unit for orders between 100 and 199 units, and a price of $3.00 per unit for orders of 200 or more units. The item’s price is no longer fixed, as assumed in the EOQ derivation; instead, if the order quantity is increased enough, the price is discounted. Hence, a new approach is needed to find the best lot size—one that balances the advantages of lower prices for purchased materials and fewer orders (which are benefits of large order quantities) against the disadvantage of the increased cost ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.