1. INVENTORY MANAGEIhIENT m a manufacturer of microwave ovens, uses $75,00 worth of LED readout circuits annually in its production process. Cost per order is $45, and the carrying charge assessed against this classication of mventory is 25 percent of the unit cost. m follows an EOQ purchasing system and to date has not been o'ered any discounts on these LED circuits. Just yesterday, however, the supplier approached m and indicated that if the company would buy its circuits four times a year, a discount of 1.5 percent off list price would be given in return. Would you advise m to accept this o'er or to make a counteroffer? Ifa counteron is made, what is the highest price that should be omed to pay for this