Quantitative Question (Write legibly; Credit will be given only If appropriate work is done.) A company purchases semiprecious stones to make braclets and rings. The supplier quotes the following quanity/price schedule: Quanity Price/Unit 1 - 1599 $20 1600 - 5999 $18 6000 or more $16 The company uses 10,000 stones per year, and the ordering cost is $120 each time. If the annual carrying costs are 25% of unit cost, what is the optimal size? Show relevant work For the toolbar, press ALT+F10 (PC) or ALTFN+F10 (Mac). BTU Paragraph Arial 140x A T 5 Ex XPS The 199 BE 0) -- SA Save and Submit 98 $ 3 % 5 & 7 6 8 9 0 E R T Y J O D F G H J L