Question: Please Show Work! Problem 3. (10 points) A manager has just received a revised price schedule from a vendor. What order quantity should the manager

Please Show Work! Problem 3. (10 points) A Please Show Work!

Problem 3. (10 points) A manager has just received a revised price schedule from a vendor. What order quantity should the manager use to minimize total costs? Annual Demand is 1,800 units, ordering cost is $54, and annual carrying cost is $2.4 per unit regardless of the price. Quantity 1 to 149 150 to 299 300 to 449 450 or Unit Price $8.00 $7.95 $7.90 more $7.85

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