Question: Problem 10-21 (Algorithmic) Apply the EOQ model to the following quantity discount situation in which D = 400 units per year, Co = $44, and

Problem 10-21 (Algorithmic) Apply the EOQ model

Problem 10-21 (Algorithmic) Apply the EOQ model to the following quantity discount situation in which D = 400 units per year, Co = $44, and the annual holding cost rate is 20%. Discount Category 1 Order Size 0 to 99 100 or more Discount (%) 0 3 Unit Cost $10.00 2 $9.70 What order quantity do you recommend? If required, round your answer to the nearest whole number

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