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Category Order size Unit Cost 1 0 - 3999 $0.05 2 4000 - 7999 $0.04 3 8000 & over $0.03 Ordering cost = $12 Annual

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Category Order size Unit Cost 1 0 - 3999 $0.05 2 4000 - 7999 $0.04 3 8000 & over $0.03 Ordering cost = $12 Annual holding cost = 20% of unit cost (hint: carry 3 decimal places) Annual Demand = 12,000 units What are the economic order quantity and total costs? 6000, $480 a. b. 8000, $402 8000, $360 C. d. 6000, $500 question prevents changes to this

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