Question: 5 Question 41 6 pts PARTY SUPPLIES STORE PROBLEM: Party Supplies Inc. has introduced the following quantity discounts for a special product: Order Quantity Price

5 Question 41 6 pts PARTY SUPPLIES STORE PROBLEM:
5 Question 41 6 pts PARTY SUPPLIES STORE PROBLEM: Party Supplies Inc. has introduced the following quantity discounts for a special product: Order Quantity Price per Unit 0-299 $60.00 300-499 $58.80 500 or more $57.00 The annual demand for this item is 936, its ordering cost is $35 per order, and its annual holding cost is 10 percent of the unit price. What is the optimal order quantity (EOQ) considering the quantity discount? 500 499 cannot be calculated with given information

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