A pencil supplier just introduced quantity discounts.The price schedule follows. XYZ store's annual demand remains at 500 units and ordering cost at $10 per order.If annual holding cost is 10 percent of the pencils' per-unit price,what order quantity should XYZ select to minimize all costs?

Question

A pencil supplier just introduced quantity discounts.The price schedule follows.  XYZ store's annual demand remains at 500 units and ordering cost at $10 per order.If annual holding cost is 10 percent of the pencils' per-unit price,what order quantity should XYZ select to minimize all costs?

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The Answer of A pencil supplier just introduced quantity discounts.The price schedule follows.  XYZ store's annual demand remains at 500 units and ordering cost at $10 per order.If annual holding cost is 10 percent of the pencils' per-unit price,what order quantity should XYZ select to minimize all costs?

A Pencil Supplier Just Introduced Quantity Discounts