Question: Apply the EOQ model to the following quantity discount situation in which D = 450 units per year, C o = $42, and the annual

Apply the EOQ model to the following quantity discount situation in which D = 450 units per year, Co = $42, and the annual holding cost rate is 20%.

Apply the EOQ model to the following quantity

Problem 10-21 (Algorithmic) Apply the EOQ model to the following quantity discount situation in which D = 450 units per year, Co $42, and the annual holding cost rate is 20%. Discount Discount Category Order Size (%) Unit Cost 1 0 to 99 0 $12.00 2 100 or more 3 $11.64 What order quantity do you recommend? If required, round your answer to the nearest whole number

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