Question: Problem 10-21 Apply the EOQ model to the following quantity discount situation in which D = 500 units per year, Co = $40, and the

Problem 10-21 Apply the EOQ model to the following quantity discount situation in which D = 500 units per year, Co = $40, and the annual holding cost rate is 20% Discount Category Discount (%) Order Size Unit Cost 1 0 to 99 0 $10.00 2 100 or more 3 $9.70 What order quantity do you recommend? If required, round your answer to the nearest whole number

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