Question: 2 . Answer the below questions on lot - size and volume - based quantity discounts. i . Under what circumstances are lot - size

2. Answer the below questions on lot-size and volume-based quantity discounts.
i.Under what circumstances are lot-sizebased and volume-based quantity discounts applicable?
ii.Consider a toothpaste manufacturer wanting to offer quantity discounts to maximize their profit. Explain whether they should offer lot-sizebased or volume-based quantity discounts to maximise total supply chain profits.

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