Question: Question 16 6 Points You have an electronics store, and you are planning to buy headphones from china. The supplier in china offers you three

Question 16 6 Points You have an electronics

Question 16 6 Points You have an electronics store, and you are planning to buy headphones from china. The supplier in china offers you three different prices for the same headphone. The discount you will get is based on the quantity you order. Below is a quotation from the supplier. Price Range Initial Price Discount Price 1 Discount Price 2 ---- Quantity Ordered Headphone Price 0 to 999 ----------- 230 999 to 1999 ----------- 180 - 2000 and above --- 130 Annual Headphone Demand (Units) = 20000 Ordering or Setup Cost per Order ($) = 1000 holding cost percentage of unit price = 5% What should the order quantity be in order to minimize the total annual cost

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