Bell computers purchases integrated chips at $350 per chip The holding costs are based on an annual interest rate of 35 , the ordering cost is $120 per order, and sales are steady, at 400 per month The company's supplier, Rich Blue Chip Manufacturing, Inc , decides to offer price discounts in order to attract larger orders The price structure is shown below Price Range Quantity Ordered Price Per Unit Initial Price 1 99 $350 Discount Price 1 100 199 $340 Discount Price 2 200 or more units $300 (a) 2 pts Calculate the EOQ value for each range and identify feasible solutions Round your responses to the nearest whole numbers (b) 1 pt Identify all possible order quantities that could be the best solution (c) 2 pts Identify the optimal order quantity

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Question: Bell computers purchases integrated chips at $350 per chip. The holding costs are based on an annual interest rate of 35%, the ordering cost is

Bell computers purchases integrated chips at $350 per chip. The holding costs are based on an annual interest rate of 35%, the ordering cost is $120 per order, and sales are steady, at 400 per month. The company's supplier, Rich Blue Chip Manufacturing, Inc., decides to offer price discounts in order to attract larger orders. The price structure is shown below.

Price Range	Quantity Ordered	Price Per Unit
Initial Price	1-99	$350
Discount Price 1	100-199	$340
Discount Price 2	200 or more units	$300

(a) [2 pts] Calculate the EOQ value for each range and identify feasible solutions. Round your responses to the nearest whole numbers.

(b) [1 pt] Identify all possible order quantities that could be the best solution.

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