Question: QUESTION 3 A company will begin stocking remote control devices. Expected monthly demand is 700 units. The controllers will be purchased from Quantity Range Unit

QUESTION 3 A company will begin stocking remote
QUESTION 3 A company will begin stocking remote control devices. Expected monthly demand is 700 units. The controllers will be purchased from Quantity Range Unit Price RCD supplier offering price breaks for quantities. RCD's price list is as follows: 0 to 249 14.00 250 to 449 13.80 450 to - 13.20 Given that ordering cost is $35 and annual holding cost is 0.20 of unit price per unit, provide the following results: What is the feasible quantity? What is the total annual ordering cost at this quantity? $ What is the total annual holding cost at this quantity? $ What is the total annual material cost at this quantity? I What is the total annual cost at this quantity? $ What is the most economical quantity to order? What is the savings in total annual cost at this quantity? - FORMAT FOR ENTRIES: All quantities and costs are in two decimals after the dot. (8457.20, for example) DO NOT ENTER 5 sign for costs If no saving in costs is available ENTER 0.00

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