Question: Quantity Discount: The calculated EOQ for each quantity range is given below: Quantity Price per unit Calculated EOQ 1 to 99 $110 75 100 to
Quantity Discount:
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 is least costly, you should evaluate the quantity range 1 to 99 units, using a quantity of __________ units, the quantity range 100 to 199 units using a quantity of ________ units, and the quantity range 200 units and up, using a quantity of _______ units. (PLEASE SHOW CALCULATIONS)
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