Question: Apply the EOQ model to all-units quantity discount situation shown in the following table: Order size 049 5099 100149 150 or more Discount 0% 2%

Apply the EOQ model to all-units quantity discount situation shown in the following table:

Order size	049	5099	100149	150 or more
Discount	0%	2%	4%	6%

Assume price is $10 now, annual demand is 500 units, ordering cost is $40, and the annual inventory holding cost is 10 percent. What order quantity do you recommend? (Please round your answer to a whole number.)

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