Question: Use the Inventory template for answering this question. Wohl s Discount Stores stocks toy race cars. The normal purchase price is $ 5 . 0

Use the Inventory template for answering this question. Wohls Discount Stores stocks toy
race cars. The normal purchase price is $5.00 per unit for these cars, but the store faces the
following quantity discount schedule: For orders between 1000 to 1999, the price drops to
$4.80/unit; for orders of 2000 or more, the price drops further to $4.75/unit. The ordering
cost is $49 per order, annual demand is 5000 cars, and the inventory carrying cost is 20% of
the material cost. What order quantity will minimize total cost?

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