Question 25 (2 points) Answer next three questions using the following information. The annual demand for an item is 10,
Posted: Tue Apr 26, 2022 12:56 pm
Question 25 (2 points) Answer next three questions using the following information. 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. The price structure is shown below. Price Quantity 1 - 999 1,000 - 7,999 $2.50 per unit $2.00 per unit $1.80 per unit 8,000 or more What is the optimal order quantity? 8000 999 1805 7999