Question: 2) (3 points) Reconsider the retailer from problem 1) (with the same demand and setup cost and with holding cost equal to 20% of the

2) (3 points) Reconsider the retailer from

2) (3 points) Reconsider the retailer from problem 1) (with the same demand and setup cost and with holding cost equal to 20% of the purchase price). Assume that quantity discounts are available as in the table below: Effective Order Quantity Purchase Price Q* TC Q10000 $14.00 Determine the Effective Q and calculate TC, the total cost, for each possibility. To minimize costs, how many units should the retailer order? 2) (3 points) Reconsider the retailer from problem 1) (with the same demand and setup cost and with holding cost equal to 20% of the purchase price). Assume that quantity discounts are available as in the table below: Effective Order Quantity Purchase Price Q* TC Q10000 $14.00 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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