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Suppose your firm purchases a $ 4 per unit part from a supplier. Your firm uses the part to assemble red widgets. On average, you

Suppose your firm purchases a $4 per unit part from a supplier. Your firm uses the part to assemble red widgets. On average, you use 50,000 units of this part each year. Every time you order this particular part, you incur a sizable ordering cost of $800, regardless of the number of parts you order. Your cost of capital is 20% per year, and your unit holding cost per year is 10%. How many parts should you purchase each time you place an order (i.e., what is the optimal order quantity)? Round a number to the nearest whole number.
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