20353_1&c Question Completion Status: QUESTION 1 3 points Save A CU, Incorporated (CUI), produces copper contacts that it uses in switches and relays. CUI needs to determine the order quantity. Q. to meet the annual demand at the lowest cost. The price of copper depends on the quantity ordered. Annual demand is 50,000 pounds holding cost is 20% per unit per year of the price of the copper, and the ordering cost is $30. The chart below contains the price breaks Quantity range Less than 2500 pounds 2500 to 4999 pounds 5,000 or more pounds Cost (C) $0.82 per pound $0.81 per pound $0.80 per pound If you cannot see the image: Quantity Range Cost