Question: [Study guide - final exam) The annual demand for an item is 10,000 units. The cost to process an order is $75 and the annual

[Study guide - final exam) 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. (a) What is the optimal order quantity for range 12 Quantity Price $2.95 per 1-9 unit $2.50 per unit $2.30 per 10 - 999 1.000 4,999 5,000 or unit $1.85 per more unit First, all EOQs need to be determined. O Needs to be discarded. o 2254.938 1805.788 O 2013.468
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