Question: 2) (3 points) Reconsider the retailer from problem 1) (with the same demand and setup cost and with holding cost now equal to 20% of
2) (3 points) Reconsider the retailer from problem 1) (with the same demand and setup cost and with holding cost now equal to 20% of the purchase price). Assume that quantity discounts are available as in the table below: Determine the Effective Q and calculate TC, the total cost, for each possibility. To minimize costs, how many units should the retailer order
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