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Bb Take Test: Term Test 2 - F21 OPER X Bb Norcini - Project Resource Folder X Course Hero x G The annual demand for

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Bb Take Test: Term Test 2 - F21 OPER X Bb Norcini - Project Resource Folder X Course Hero x G The annual demand for an item is X + X F C ^ https:/iagara.blackboard.com/webapps/assessment/take/take.jsp?course_assessment_id=_117646_1&course_id=_239720_1&content_id=_4667020... O . . . Shortcut to BB Ultra Synch Your answers are saved automatically. class Remaining Time: 1 hour, 17 minutes, 47 seconds. Question Completion Status: :> A Moving to another question will save this response. > Question 3 3 points Save Answer The annual demand for an item is 997 units. Ordering cost is $20 per order, and inventory carrying cost is 40% of unit price. The larger the order quantity is, the less we pay per unit. Price is determined by the following discount schedule. Price per Unit Order Quantity (P ) Holding cost Economic Order Quantity Q1 1 to 200 $ 6.00 2.40 Q2 201 - 999 5.75 2.30 Q3 1,000 or more $ 5.20 $ 2.08 Calculate the economic order quantity for Quantity level 2, given the data above. (Do not round. No need for dollar sign) For example: 130.88 Type here to search of X P ~ E (( ) ENG 7:34 AM 2021-11-12

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