Question: PLEASE ANSWER IT ASAP 3) The annual demand for an item is 10,000 units. The cost to process an order is $75 and the annual
PLEASE ANSWER IT ASAP
3) The annual demand for an item is 10,000 units. The cost to process an order is $75 and the annual inventory holding cost is 20% of item cost. a) What is the optimal order quantity given for each of the price breaks (table above) for purchasing the item? (8 points) b) Which scenario would be the cheapest option? (12 points) - Show all your work
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