Question: please show work and formula. answer asap 3. The manager of Centerpointe Dinning at Cal Poly knows he will use 4000 packages of disposable plates

please show work and formula. answer asap

3. The manager of Centerpointe Dinning at Cal Poly knows he will use 4000 packages of disposable plates a year. Inventory carrying costs are calculated as 30 percent of the unit COGS and ordering cost is $22 per order. The regular price for the disposable plates is $10 per package, but if order quantity is more than 500 the supplier will offer a 5% price discount. What order size would be most economical? Please provide step by step details. ( 50 points)

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