Question: Problem 2 Problem 2) (14 points) A manager has just received a revised price schedule from a vendor. What order quantity should the manager use

Problem 2
Problem 2 Problem 2) (14 points) A manager has
Problem 2) (14 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 750 units, ordering cost is $45, and annual carrying cost is $3 per unit. Quantity 1 to 99 100 to 199 200 to 299 300 or more Unit Price $11.50 $11.35 $11.15 $10.95

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