Question: Apply the EOQ model to the following quantity discount situation for which D=700 units per year, C0=$35, and the annual holding cost rate is 20%.

Apply the EOQ model to the following quantity discount situation for which D=700 units per year, C0=$35, and the annual holding cost rate is 20%. (Round your answers to the nearest integer.) What order quantity do you recommend? Since Q1 is its limit of 99 units, Q1 optimal
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