Question: Provide total annual inventory cost associated with optimal order quantity. D Question 3 1 pts Pete's Hardware Store sells 894,135 light bulbs each year. Every

Provide total annual inventory cost associated with optimal order quantity. Provide total annual inventory cost associated
D Question 3 1 pts Pete's Hardware Store sells 894,135 light bulbs each year. Every time Pete places an order, it costs $110 and he holds inventory with a carrying rate of 8%. Additionally, Pete's supplier provides a price break if Pete exceeds a certain order quantity. The prices are listed below. Calculate Pete's Optimal Order Quantity. Number of Units Price Per Unit 1 - 1.238 409 1,238 + 265

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