Q1: Bell computer purchases integrated chips at 350$ per chip. The annual demand of the chips is 2600 units. The holding cost is 15% of the price and the ordering cost is 120$ per order. The company is getting the following discounts on the bulk quantities Price Quantity Purchased 1-99 unites 100-199 units 200+ 340 325 310 Determine the optimal order quantity, number of orders, total cost, annual ordering and holding cost. (25) CLO1, PLO: Engineering Knowledge