Question: Consider the EOQ model with annual demand D = 1,000, annual holding cost factor H = 0.02, and unit value V = 45. Suppose the

Consider the EOQ model with annual demand D =

Consider the EOQ model with annual demand D = 1,000, annual holding cost factor H = 0.02, and unit value V = 45. Suppose the supplier offers tiered pricing for order costs according to: Tier 1 1 2 3 Order size 200 to 300 300 to 400 400 to 500 Order cost A = 60 A= 80 A= 100 What is the optimal order quantity

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