A financial literacy house buys 72,000 reams of a special type paper per annum at a cost of ₹90 per ream. Ordering cost per order is ₹500 and the carrying cost is 5% per year of the inventory cost. Normal lead time is 20

A financial literacy house buys 72,000 reams of a special type paper per annum at a cost of ₹90 per ream. Ordering cost per order is ₹500 and the carrying cost is 5% per year of the inventory cost. Normal lead time is 20 days and safety stock is nil. Assume 300 working days in a year. You are required to If 1% quantity discount is offered by the supplier for purchases in lots of 18,000 reams or more, should the buyer accept the proposal?