Question: Ch 13, Quantity Discount A mail-order house uses 12,000 boxes a year. Carrying costs are 50 cents per box a year, and ordering costs are

Ch 13, Quantity Discount A mail-order house uses
Ch 13, Quantity Discount A mail-order house uses 12,000 boxes a year. Carrying costs are 50 cents per box a year, and ordering costs are $100. The following price schedule applies. Determine the following: a. The optimal order quantity b. The number of orders per year Number of Boxes Price per Box 1,000 to 1,999 $1.25 2,000 to 4,999 1.20 5,000 to 9,999 1.15 10,000 or more 1.10

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