Question: Consider the all-units quantity discount schedule below. Price Bracket Quantity Ordered Price Per Unit EOQ at that Price 1 1-1999 $100 3,466 2 2000-3999 $90

Consider the all-units quantity discount schedule below.

Price Bracket Quantity Ordered Price Per Unit EOQ at that Price
1 1-1999 $100 3,466
2 2000-3999 $90 3,775
3 4000-5999 $80 3,852
4 6000-7999 $70 4,370
5 8000+ $60 4,697

If you want to take advantage of the price discount in Price Bracket 3, given the required order quantity and calculated EOQ at that price, what is the Total Annual Cost (holding, setup, and purchasing) following the optimal order quantity in that price bracket? Assume an annual demand of 13,000, setup cost of 200, and holding cost of 25% per year, and round your answer to the nearest dollar. Note, you don't need to calculate the EOQ, use the ones provided for you in the table above

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