Business
Business, 22.03.2021 21:40, hugo211

The annual demand for an item is 10,000 units. The cost to process an order is $75 and the annual inventory holding cost is 20% of item cost. Quantity Price 1-9 $2.95 per unit 10 - 999 $2.50 per unit 1,000 - 4,999 $2.30 per unit 5,000 or more $1.85 per unit (a) What is the optimal order quantity, given the following price breaks for purchasing the item

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