Question: Additional Algo 1 2 - 6 Quantity Discounts A store estimates their holding costs at ( 2 8 % ) and incurs
Additional Algo Quantity Discounts
A store estimates their holding costs at and incurs a fixed cost of $ for each order. Demand for an item is units per year. A supplier offers a price of $ each for quantities of or fewer and a price of $ for quantities over units.
How many units should the retailer order at one time?
What is the total annual cost at this order point?
Note: Round your answer to the nearest integer value.
Number of units
Total annual cost
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