Question: My Kitchen Delight ( MKD ) is considering a new supplier for the jars used in the production process. Assume the annual demand averages 3

My Kitchen Delight (MKD) is considering a new supplier for the jars used in the production process. Assume the annual demand averages 300,000 jars. Ordering cost is $30 per order. The annual holding cost per unit is 30% of the unit price. The price lists for the supplier are as follows. (3 points)
\table[[Units Ordered,Price Per Unit],[1-2499,$2.80],[2500-3499,$2.70],[3500-4999,$2.60],[5000 or more,$2.50]]
a) Determine the most cost-effective ordering quantity.
b) What is the total cost for the order quantity determined in a).
c) Summarize the inventory policy based on your calculation results.
My Kitchen Delight ( MKD ) is considering a new

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