Question: Quantity Discount: Consider a quantity discount problem where the yearly demand for the product is 1,286 units, the ordering cost is $47, the holding cost

Quantity Discount: Consider a quantity discount

Quantity Discount: Consider a quantity discount problem where the yearly demand for the product is 1,286 units, the ordering cost is $47, the holding cost is 35% of the purchase price, and the price depends on the quantity as follows: Quantity Ordered Purchase Price per unit O to 199 units $66 each 200 to 4,999 units $44 each 5,000 or more $33 each Calculate the EOQ for the quantity range of 0 to 199 units (round to a whole number)

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