A vendor provides coats with the College name and logo, which the bookshop acquires. The jackets are

sold to the business for $38 each by the vendor. Placing an order costs $120 to the bookshop, and the

annual carrying cost is 25% of the cost of a jacket. 1700 jackets are expected to be sold this year,

according to the bookstore manager. The vendor has provided the following volume discount schedule to

the bookstore:

Order Size

1-299

300-499

500-799

800

Discount

0%

29,

What is the bookstore's optimal order quantity, given this quantity discount information?

4.3 Marks! A vendor provides coats with the College name and logo, which the bookshop acquires. The jackets are sold to the business for $38 each by the vendor. Placing an order costs $120 to the bookshop, and the annual carrying cost is 25% of the cost of a jacket. 1700 jackets are expected to be sold this year, according to the bookstore manager. The vendor has provided the following volume discount schedule to the bookstore: Order Size Discount 1-299 0% 300-499 2% 500-799 800 What is the bookstore's optimal order quantity, given this quantity discount information