Question: help me answer this question 2. A company stocks one type of product and its price is 800 USD/unit. Its annual demand is 2400 units.
help me answer this question
2. A company stocks one type of product and its price is 800 USD/unit. Its annual demand is 2400 units. The ordering cost is 1200 USD per order. The holding cost per unit annually is 50% of the product value. The supplier of the company offered them a price reduction of 5% if the quantity per each order is equal to and more than 250 units. Find out the optimal solution for the company
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