Question: QUESTION 6 Use the information below to answer questions 6 8 Campus Computers Inc wants to get rid of its old laptops, so it is
QUESTION 6 Use the information below to answer questions 6 8 Campus Computers Inc wants to get rid of its old laptops, so it is selling its laptops at a price of $1500 per laptop. When a local bookstore approached to purchase in bulk, Campus Computers Inc offered discounted prices. The quantity discount pricing offered is shown below. Given the discounted prices, the bookstore wants to determine if it should take advantage of this discount or order the basic EOQ order size. Show all of your work. Use can use either the square root of blank end root symbol from the list of icons or the sqrt to show the symbol of square root. Quantity Discount: Option Quantity Price 1 1 49 $1,500 2 50 89 $ 1,000 3 90 and above $ 800 Carrying Cost: 2% of purchase price per year Ordering Cost: $1,000 Annual Demand: 55 6. Determine the feasible economic order quantity. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). P 0 WORDS POWERED BY TINY 6 points QUESTION 7 Which order quantity will minimize the total cost? Show all of your work. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). P 0 WORDS POWERED BY TINY 6 points QUESTION 8 After calculating the Total Cost for each of your feasible options, should the bookstore take advantage of one of the discounts? Briefly discuss why.
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