Question: A small mail - order company uses 2 0 , 5 0 0 boxes a year. Holding cost rate is 2 0 percent of unit

A small mail-order company uses 20,500 boxes a year. Holding cost rate is 20 percent of unit cost per year, and ordering cost is $28
per order. The following quantity discounts are available.
a. Determine the optimal order quantity.
Optimal order quantity
boxes
b. Determine the number of orders per year. (Round the final answer to 1 decimal place.)
No. of orders per year
A small mail-order company uses 20,500 boxes a year. Holding cost

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