A manager has just received a revised price schedule from a vendor.What order quantity should the manager use in order to minimize total costs?
Annual Demand is 120 units,ordering cost is $8,and holding cost is 8% of price.

Question

A manager has just received a revised price schedule from a vendor.What order quantity should the manager use in order to minimize total costs?
 Annual Demand is 120 units,ordering cost is $8,and holding cost is 8% of price.

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The Answer of A manager has just received a revised price schedule from a vendor.What order quantity should the manager use in order to minimize total costs?
 Annual Demand is 120 units,ordering cost is $8,and holding cost is 8% of price.

A Manager Has Just Received a Revised Price Schedule from a Vendor.What