Question: T . J . Smith makes purchasing decisions for his company. One product that he buys costs $ 6 0 per unit when the order
TJ Smith makes purchasing decisions for his company. One product that he buys costs $ per unit when the order quantity is less than When the quantity ordered is between and the price per unit drops to $ When the quantity ordered is or more, the price per unit drops to $ The ordering cost is $ per order and the annual demand is units. The holding cost is percent of the purchase cost. TJ wishes to minimize his annual total inventory cost.
In order to minimize the annual total inventory cost, what order quantities must TJ evaluate? Round answer to nearest unit
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