Consider the following case, where D= 10,000 units (annual demand) S= $20 to place each order i=20

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Consider the following case, where D= 10,000 units (annual demand) S= $20 to place each order i=20 percent of cost (annual carrying cost, storage, interest, obsolescence, etc.) C = Cost per unit (according to the order size; orders of 0 to 499 units, $5.00 per unit; 500 to 999, $4.50 per unit; 1,000 and up, $3.90 per unit) What quantity should be ordered?

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