Question: please answer! will give thumbs up if correct! thank you! Clement Bait and Tackle has been buying a chemical water conditioner for its bait (to

please answer! will give thumbs up if correct! thank you!

Clement Bait and Tackle has been buying a chemical water conditioner for its bait (to help keep its baitfish alive) in an optimal fashion using EOQ analysis. The supplier has now offered Clement a discount of $0.50 off all units if the firm will make its purchases monthly (Range 2) or $1.00 off if the firm will make its purchases quarterly (Range 3). Current data for the problem are: D = 720 units per year; S = $6.00, 1 = 20% per year; P = $25. Fill out the form and choose the best plan Range 1 Range 2 Range 3 Quantity 1-59 60-179 180+ Unit Price, P Q* (Square root formula) Adjusted Order Quantity Holding cost Ordering cost Purchasing cost Total cost

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