Apply the EOQ model to the following quantity discount situation in which D = 530 units per year, Co = $43, and the annual holding cost rate is 30%.   Discount Category   Order Size Discount (%)   Unit Cost 1   0 to 99 0 $12.00   2   100 or more 4 $11.52     What order quantity do you recommend? If required, round your answer to the nearest whole number. fill in the blank 1

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Apply the EOQ model to the following quantity discount situation in which D = 530 units per year, Co = $43, and the annual holding cost rate is 30%.

 

Discount
Category
 
Order Size
Discount
(%)
 
Unit Cost
1   0 to 99 0 $12.00  
2   100 or more 4 $11.52  

 

What order quantity do you recommend? If required, round your answer to the nearest whole number.

fill in the blank 1

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