Problem 10-21 Apply the EOQ model to the following quantity discount situation in which D = 500 units per year, Co = $40, and the annual holding cost rate
is 20%.
Discount
(%)
Discount
Category
1
2
Order Size
O to 99
100 or more
0
Unit Cost
$10.00
$9.70
3
What order quantity do you recommend? If required, round your answer to the nearest whole number.

Consider a bag that contains 220 coins of which 6 are rare indian pennies. for the given pair of events a and b, complete parts (a) and (b) below. a: when one of the 220 coins is randomly selected, it is one of the 6 indian pennies. b: when another one of the 220 coins is randomly selected (with replacement), it is also one of the 6 indian pennies. a. determine whether events a and b are independent or dependent. b. find p(a and b), the probability that events a and b both occur.