Business
Business, 18.05.2021 19:30, nacgrading3p6d8pf

Consider a quantity discount problem where the yearly demand for the product is 1,625 units, the ordering cost is $39, the annual holding cost is 35% of the purchase price, and the price depends on the quantity as follows: Quantity Ordered Purchase Price $ 0 to 199 units $58 each 200 to 4,999 units $43 each 5,000 or more $35 each Assume the adjusted EOQ is 2,100 for the quantity range, 200 to 4,999 units, calculate the annual total cost for ordering this quantity including the cost of purchasing the product. (Round to two decimal places)

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