Question: Use the information given in the table below to answer the following questions. 5,053 $15 10% D= |S= Price 299 $14.00 300 899 $13.00

Use the information given in the table below to answer the following questions. 5,053 $15 10% D= |S= Price 299 $14.00 300 899 $13.00 900 14,999 $12.00 $11.00 Quantity Range 1- - 15,000 or more NOTE: Round all EOQ values used in calculations to the nearest whole number. Question 1: What is the order quantity for the price break with the feasible EOQ? Question 2: What is the value of the lowest total cost? Question 3: How much is the price per unit at the lowest total cost? Question 4: What is the order quantity associated with the lowest total cost?

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