Question: not rounded. rounded to the nearest whole. Problem 11-38 A particular raw material is available to a company at three different prices, depending on the

not rounded. rounded to the nearest whole.

not rounded.

not rounded. rounded to the nearest whole.

rounded to the nearest whole.

Problem 11-38 A particular raw material is available to a company at three different prices, depending on the size of the order. Less than 100 pounds 100 pounds to 999 pounds 1,000 pounds or more $20 $ 19 $ 18 per pound per pound per pound The cost to place an order is $60. Annual demand is 2,900 units. Holding (or carrying) cost is 20 percent of the material price. What is the economic order quantity to buy each time, and its total cost? (Round your answers to the nearest whole number.) Economic order quantity Total cost 294.9576 54174 pounds $ E2021 MOGW HI Education All ngn resented A particular raw material is available to a company at three different prices, depending on the size of the order. Less than 100 pounds 100 pounds to 999 pounds 1,000 pounds or more $20 $ 19 $18 per pound per pound per pound The cost to place an order is $60. Annual demand is 2,900 units. Holding (or carrying) cost is 20 percent of the material price What is the economic order quantity to buy each time, and its total cost? (Round your answers to the nearest whole number.) Economic order quantity Total cost 295 pounds 54174

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