Question: Please show all work. DO NOT USE EXCEL. 3- A manager has just received a revised price schedule from a vendor. What order quantity should

Please show all work. DO NOT USE EXCEL. 3- A

Please show all work. DO NOT USE EXCEL.

3- A manager has just received a revised price schedule from a vendor. What order quantity should the manager use in order to minimize total costs? Annual demand is 120 units, ordering cost is $10 per order, and annual carrying cost per unit is 10% of the unit price/cost. (20 points) Unit Price Quantity 1 - 40 $16 $13 41 - 69 70 or more $10

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