Question: Determine the optimal order quantity using the quantity discount model. Annual demand - 1 0 0 , 0 0 0 The order cost - $

Determine the optimal order quantity using the quantity discount model.
Annual demand-100,000
The order cost- $50
Annual holding rate-20%
Price varies depending on the order quantity per the following
Orders between 1 to 2,000 units cost $12
Orders of 2001 to 5,000 cost $11
Orders of 5,001 and greater cost $10
What is the optimal order quantity

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