Question: Question 25 (2 points) Answer next three questions using the following information. The annual demand for an item is 10,000 units. The cost to process

Question 25 (2 points) Answer next three

Question 25 (2 points) Answer next three questions using the following information. The annual demand for an item is 10,000 units. The cost to process an order is $75 and the annual inventory holding cost is 20% of item cost. The price structure is shown below. Price Quantity 1 - 999 1,000 - 7,999 $2.50 per unit $2.00 per unit $1.80 per unit 8,000 or more What is the optimal order quantity? 7999 8000 1805 1732 999

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