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Question 2 Prestige Bears Lid carries a wide assortment of luxury teddy bears for its customers. One item, KPS is very popular. In order to keep its stock under control, a decision is taken by management to order only the optimum economic quantity, for this item, each time. You have the following information Annual demand (units) 144.000 Purchase price per unit $ 400 Carrying/Holding costs per unit $ 12 Cost per order $ 750 Required 1. Determine the EOQ using the equation method. 2. Prestige Bears Ltd has been offered a 1 per cent discount on the cost if it places orders in quantities of 18,000. Discuss whether the company should accept the discount and place larger orders, show your workings