Question: Apply the EOQ model to the following quantity discount situation for which D5 500 units per year, Co5 $40, and the annual holding cost rate

Apply the EOQ model to the following quantity discount situation for which D5 500 units per year, Co5 $40, and the annual holding cost rate is 20%. What order quantity do you recommend?DiscountDiscountCategoryOrder Size(%)unit Cost10 to 990$10.002100 or more3$9.70

using excel

cost unit 0 to 99 $10 100 and above $9.70

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