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A small mail - order company uses 1 5 , 0 0 0 boxes a year. Holding cost rate is 1 5 percent of unit

A small mail-order company uses 15,000 boxes a year. Holding cost rate is 15 percent of unit cost per year, and ordering cost is $30 per order. The following quantity discounts are available.
Number of Boxes Price per Box
1,000 to 1,999 $1.30
2,000 to 4,9991.25
5,000 to 9,9991.20
10,000 or more 1.15
a. Determine the optimal order quantity.
Optimal order quantity
boxes
b. Determine the number of orders per year. (Round the final answer to 1 decimal place.)
No. of orders per year

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