Question: Quantity Discount: Assume the calculated EOQ for each quantity range is given below: Quantity Price per unit Calculated EOQ 1 to 99 $110. 75 100
Quantity Discount: Assume the calculated EOQ for each quantity range is given below:
Quantity Price per unit Calculated EOQ
1 to 99 $110. 75
100 to 199 $80 120
200 and up $50 190
Fill in the blanks with the appropriate values (whole numbers).
In order to evaluate which ordering quantity results in the lowest annual cost, you should calculate and compare the total costs associated with ordering ? units at $110 each, ordering ? units at $80 each, and ordering ? units at $50 each.
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