Question: ( i ) Help Sa A particular raw material is available to a company at three different prices, depending on the size of the order:
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A particular raw material is available to a company at three different prices, depending on the size of the order:
tableLess than pounds,$ per pound pounds to pounds,$ per pound pounds or more,$ per pound
The cost to place an order is $ Annual demand is units. The holding or carrying cost is percent of the material price.
What is the economic order quantity to buy each time?
Note: Round your answers to the nearest whole number.
tableEconomic order quantity,pounds
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