Question: Order Quantity Discount (Inventory) (2 points) Note: Any wrong answer will deduct one point of your grade) You have an electronics store, and you are

Order Quantity Discount (Inventory) (2 points)

Order Quantity Discount (Inventory) (2 points) Note: Any wrong answer will deduct one point of your grade) You have an electronics store, and you are planning to buy headphones from china. The supplier in China offers you three different prices for the same headphone. The discount you will get is based on the quantity you order. Below is a quotation from the supplier. Please find the economic order quantity (must be feasible), annual ordering cost, annual holding cost, total product cost, and the total cost PRICE RANGE QUANTITY ORDERED Headphone Price Initial price 0 to 999 $ 200 Discount price 1 999 to 1999 $ 150 Discount price 2 2000 and above $ 100 Annual Headphone Demand (Units) 20000 Ordering or Setup Cost per Order ($) 1000 Holding Cost per unit per year (5) 15 ORDER QUANTITY Which price ANNUAL ORDERING COST ANNUAL HOLDING COST TOTAL TOTAL ANNUAL COST PRODUCT COST 0100 O150 O200

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