The average demand for a product is 322 per month The average ordering cost each time with the supplier is $100 The unit annual holding cost is 18 of the product value The product supplier offers an all unit quantity discount as follows Order quantity Unit price 1 499 $20 500 or more $10 Please determine the feasible optimal order quantity of the product when the unit price is $20 Numbers only Keep 3 decimal if not exact, either round up or down is ok

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Question: The average demand for a product is 322 per month. The average ordering cost each time with the supplier is $100. The unit annual holding

The average demand for a product is 322 per month. The average ordering cost each time with the supplier is $100. The unit annual holding cost is 18% of the product value. The product supplier offers an all unit quantity discount as follows.

Order quantity	Unit price
1-499	$20
500 or more	$10

Please determine the feasible optimal order quantity of the product when the unit price is $20.

Numbers only. Keep 3-decimal if not exact, either round up or down is ok.

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