1a Auto Conect Shortcuts XII 62% Getting 2. The operator of a concession of a downtown location estimates that he will a 400 bags of drus peanuts during a momh. Holding costs are 17 percent of unit price and ordering cost is $22. The price schedule for bags of peanuts 1 to 190, $1.00 each200 10400, 594 each; and 500 or more 587 each 5. What order stre would be most economical? (12 Marka) Browse toc Ad 1114.61 Edit 2 EH PE COQ.1) 2X (12X400) X 22/.17X1 Share 1149.63 EOQ) 2 X (12X400) X 22/.17 X.94 E - 114.98 2 X (12X400) X 22/.17.87 TOQU llecause the EOQ resulting from price point, 51.00, 5.94 and 5.47 are all greater than the required quantity to quality for the lowest purchase price, og Wican and should be taken, ordering 1194.94 (1199). In effect all 3 are feasible, per the quantity/price point condition) To confirm this, the total annual cost calculation for each is performed: Total Cost-E0072) X1 (D/EOQXS + Annual Demand X Purchase Cost) (DXR) COQI) TXITX 4.741 1974 (490X +(ST200)-469573 NO KOG 1400 W + LOGIST (88.37) (88.37) + (4176,00) 4352.74