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Business, 19.05.2021 22:30 rightstrong9827

A manager has just received a revised price schedule from a vendor. What order quantity should the manager use to minimize total costs? Annual Demand is 750 units, ordering cost is $50, and annual carrying cost is $2 per unit. Quantity Unit Price

1 to 119 $8.00

120 to 239 $7.50

240 to 359 $7.00

360 or more $6.50

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