Question: Write down the formulas used in Quantity Discount Model and the four steps of using Quantity Discount model to solve an inventory management problem. Suppose

Write down the formulas used in Quantity Discount

Write down the formulas used in Quantity Discount Model and the four steps of using Quantity Discount model to solve an inventory management problem. Suppose that the D=6,000,S=$18,I=0.2, and Unit price P=$3. Find the optimal contract based on Quantity Discount model. Show your work

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