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Q3. A consulting company buys special shirts with its logo to give to employees and clients. The company buys around 1200 shirts per year. The
Q3. A consulting company buys special shirts with its logo to give to employees and clients. The company buys around 1200 shirts per year. The annual holding cost percentage for each shirt is 32%. The cost of placing an order is $35. Given the price schedule of the shirts listed below, what order quantity should the company use? (25 marks) Order quantity Unit price $ Less than 100 15 100-149 14,5 150-199 14 200 or more 13.75
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