         INVENTORY THEORY-FIXED QUANTITY EOQ                                    
            WITH QUANTITY PRICE BREAKS                                          
                                                                                
THIS PROGRAM INVOLVES AN INVENTORY PROBLEM FOR WHICH IT IS                      
ASSUMED THAT THE FOLLOWING CONDITIONS HOLD:                                     
  THERE IS A CONSTANT ORDERING COST PER ORDER                                   
  INVENTORY HOLDING COST IS CONSTANT PER UNIT HELD                              
  NO BACKORDERS ARE PERMITTED (STOCKOUTS NOT ALLOWED)                           
  DEMAND FOR THE ITEMS ARE CONSTANT AND UNIFORM THROUGH TIME                    
  THERE ARE QUANTITY PRICE BREAKS.                                              
THE QUANTITY PRICE BREAKS ARE OF THE FIXED-LOT DISCOUNT TYPE.                   
I.E. DISCOUNTS (IN PRICE/UNIT) ARE OFFERED FOR THE PURCHASE                     
OF CERTAIN FIXED LOT SIZES. THERE IS ALSO AN ORDINARY PRICE/                    
UNIT IF THAT PARTICULAR LOT SIZE IS NOT OFFERED.                                
PRESS ENTER TO BEGIN?                                                           
ENTER ANNUAL DEMAND(IN UNITS)      ? 123456                                     
ENTER REORDER COST(PER ORDER)      ? 38.54                                      
ENTER HOLDING COST(PER UNIT/YEAR   ? 1.74                                       
ENTER NORMAL PURCHASE PRICE/ITEM   ? 19.99                                      
                                                                                
HOW MANY DIFFERENT LOT SIZES ARE OFFERED? 2                                     
FOR LOT SIZE # 1                                                                
     LOT SIZE QUANTITY      ? 144                                               
     PRICE/UNIT             ? 2.50                                              
                                                                                
FOR LOT SIZE # 2                                                                
     LOT SIZE QUANTITY      ? 1000                                              
     PRICE/UNIT             ? 1.25                                              
                                                                                
# REFERS TO THAT LOT SIZE #. LOT SIZE #0 REFERS TO THE                          
LOT SIZE WITHOUT CONSIDERING THE QUANTITY PRICE BREAKS                          
                                                                                
 #     SIZE      PRICE/UNIT       TOTAL COST                                    
  0     2338.6        19.99         2471954.57                                  
  1      144.0         2.50          341806.91                                  
  2     1000.0         1.25          159947.99                                  
                                                                                
MINIMUM COST IS 159948. ATTAINED BY CHOOSING LOT SIZE 1000                      
                                                                                
PRESS ENTER FOR MORE? -1                                                        
