Problem 20-39 (Algo) CU, Incorporated (CUIJ, produces copper contacts that it uses in switches and relays. CUI needs to determine the order quantity, 0, to meet the annual demand at the lowest cost. The price of copper depends on the quantity ordered. Here are pricebreak and other data for the problem: Price Err Copper $ 6.33 per' pound up to 2,999 pnunds $ 6.32 per ppund for orders between 3,666 and 5,999 pounds 3. 6.36 per pound for orders 6,666 pounds or greater Annual demand 55,866 pounds per year Holding cost 36 percent per unit per year of the price of the copper Ordering Cost $ 33 Which quantity shoutd be ordered? - n,,,, -. r\" III \