Question: Problem 15 Question Help Suppose that the annual demand for a component is approximately 70,000 units. The company orders the component from a supplier who

Problem 15 Question Help Suppose that the annual

Problem 15 Question Help Suppose that the annual demand for a component is approximately 70,000 units. The company orders the component from a supplier who has offered the following quantity discount schedule. Order Quantity 0-999 1,000-1,499 1,500 -3,499 3,500 or more Price per Unit $38 $36 $34 $32 If the company's carrying charge is 26% of the item's price and the cost per order is $250, determine the order quantity that would minimize the total related inventory costs for this component. The company's decision would be to order units. (Enter your response rounded to the nearest whole number.) Enter your answer in the answer box and then click Check

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