Question: what is the service level and corresponding optimal stocking level DISCOUNT PROBLEM: A supplier is willing to give you a price discount if you bought

what is the service level and corresponding optimal stocking level
what is the service level and corresponding optimal stocking level DISCOUNT PROBLEM:

DISCOUNT PROBLEM: A supplier is willing to give you a price discount if you bought in bulk as shown below. Assume a monthly demand of 500 units of the product. The cost to place an order is $50 per order, and it costs 25% of unit price to hold the product in inventory for one year. What is the optimal EOQ (corresponding to the least total cost)? 350 149 150 418

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