The largest discount store in the area sells solid wood rocking chairs. It is estimated they will sell approximately 167,000 per year. The ordering cost is estimated to be $125 and holding cost rate is 25% of unit cost. The cost of purchase is based on the following quantity discount (price break) structure. Order Quantity Price 1-500 500 501-1000 499 1001-1500 498 1501 and above 497 What is the optimal cost? $83,405,169 $83,106,157 $83,573,000 $83,249 166