Serial | (1) | (2) | (3) | (4) | (5) | (6) | (7) | (8) | (9) |
Order Quantity (Q) | 05.00 | 07.00 | 09.00 | 11.00 | 13.10 | 17.00 | 21.00 | 25.00 | 29.00 |
Total Cost (TC) | 39.29 | 31.49 | 28.05 | 26.59 | 26.19 | 27.09 | 29.17 | 31.86 | 34.91 |
Remarks | At a particular inventory level total cost is minimum, before and after this point total cost increases |