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EOQ with All Units Discount (22 points). The university bookstore is selling RSM270 course completion mugs. The store sells 1700 mugs annually. These mugs
EOQ with All Units Discount (22 points). The university bookstore is selling RSM270 course completion mugs. The store sells 1700 mugs annually. These mugs are purchased from a vendor at $38 per mug. Each order costs the bookstore $120, and the annual per unit inventory carrying cost is 25% of the purchase price. The vendor has decided to offer the following volume (all-unit) discount schedule: Given this schedule answer the following: Order size (unit) 1-299 Discount 0% 300-499 2% 500-799 4% >=800 5% Question 21 A) What is the optimal realizable/feasible order quantity without any discount (discount of 0%)? Round your answer to a whole number (the nearest integer, for example, 2.52 should be rounded to 3, and 2.42 should be rounded to 2). 3 pts Question 22 3 pts B) What is the optimal realizable/feasible order quantity with a 2% discount? Round your answer to a whole number (the nearest integer, for example, 2.52 should be rounded to 3, and 2.42 should be rounded to 2). Question 23 C) What is the optimal realizable/feasible total annual cost with a 4% discount? Round your answer to 2 decimal places. Question 24 D) What is the optimal realizable/feasible total annual cost with a 5% discount? Round your answer to 2 decimal places. 5 pts 5 pts Question 25 4 pts E) What is the optimal order quantity that minimizes the total annual cost? Round your answer to a whole number (the nearest integer, for example, 2.52 should be rounded to 3, and 2.42 should be rounded to 2). Question 26 F) Based on your answer in E), what is the minimum total annual cost? Round your answer to 2 decimal places. 2 pts
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