Question: Use excel if possible. Apply the EOQ model to the following quantity discount situation in which D = 400 units per year, Co = $44,

Use excel if possible. Apply the EOQ model to the following

Use excel if possible.

Apply the EOQ model to the following quantity discount situation in which D = 400 units per year, Co = $44, and the annual holding cost rate is 20%. Discount (%) Discount Category 1 2 Order Size O to 99 0 Unit Cost $10.00 $9.70 100 or more 3 What order quantity do you recommend? If required, round your answer to the nearest whole number

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