Question: Solve Manually A mail-order house uses 18,000 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $84. The

Solve Manually

A mail-order house uses 18,000 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $84. The following price schedule applies. Determine a. The optimal order quantity. b. The number of orders per year.

Number of boxes Price per box
1,000 to 1,999 $1.25
2,000 to 4,999 $1.20
5,000 to 9,999 $1.15
10,000 to more $1.10

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