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M . P . VanOyen Manufacturing has gone out on bid for a regulator component. Expected demand is 7 0 0 units per month. The

M. P. VanOyen Manufacturing has gone out on bid for a regulator component. Expected demand is
700
units per month. The item can be purchased from either Allen Manufacturing or Baker Manufacturing. Their price lists are shown in the table. Ordering cost is
$55,
and annual holding cost per unit is
$4.
Allen Mfg. Baker Mfg.
Quantity Unit Price Quantity Unit Price
1-499
$16.00
1-399
$16.10
500-999
15.50400-799
15.60
1000+
15.00800+
15.10
Part 2
a) What is the economic order quantity if price is not a consideration?
enter your response here
units (round your response to the nearest who

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