Question: Extend the simple EOQ model to Quantity-Price Discounts. Show your work. The values of the parameters are: D=12000.S=269.C=$38.00,I=0.23,H=IC=8.74 W=240,m=7.y=D/W,r=ym.T=Q/y. or T=EOQ/y. (1) What is the

Extend the simple EOQ model to Quantity-Price Discounts. Show your work.

The values of the parameters are: D=12000.S=269.C=$38.00,I=0.23,H=IC=8.74 W=240,m=7.y=D/W,r=ym.T=Q/y. or T=EOQ/y. (1) What is the Economic Order Quantity (Optimal Order Quantity)? EOQ=H2DS=8.74212000269=859.46

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