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Al Mana Memorial Hospital uses 100 syringes of a particular style each day, 365 days per year. The distributor of this product offers the followi

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Al Mana Memorial Hospital uses 100 syringes of a particular style each day, 365 days per year. The distributor of this product offers the followi price schedule Quantity Range Price per Copy 1-999 1.00 1000-2999 0.8 2500 and more 0.7 The cost to hold an item in inventory for a year is estimated to be 30 percent of its cost and the order cost for this item is estimated to be Sr. 15 per order. Determine the most economical quantity to buy each time this syringe is purchased. Assume the minimum inventory is zero

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