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Answer all questions A supplier for St. LeRoy Hospital has introduced quantity discounts to encourage larger order quantities of a special catheter. The price schedule

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A supplier for St. LeRoy Hospital has introduced quantity discounts to encourage larger order quantities of a special catheter. The price schedule is Order Quantity Price per Unit 0 to 299 $60.00 300 to 499 $58.80 500 or more $57.00 The hospital estimates that its annual demand for this item is 936 units, its ordering cost is $45.00 per order, and its annual holding cost is 25 percent of the catheter's unit price. What quantity of this catheter should the hospital order to minimize total costs

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