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The catoring manager of LaVista Hotel, Lisa Fergunon, is daturbed by the amount of siverware she is losing evory week. Last Fridoy night, when her

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The catoring manager of LaVista Hotel, Lisa Fergunon, is daturbed by the amount of siverware she is losing evory week. Last Fridoy night, when her crew tried to set up for a banquot for 500 > For a smal order (2,000 pioces or less) her vindor quetes a proee of $1. AOpiece. > If she orders 2,001 to 5,000 pieces, the price drops to $1,60 piece. >5,001 to 10,000 pieces brings the price to $1.40 piece, and >10.001 and above reduces the perice to $1.25 piece Lisa order conts are 5195 per order, her annual holding costs are 5%, and the ancual demand is 49,700 pieces. For the best option (the best option is the price level that results in an EOO within Phe acceptable range). a) What is the optimum ordering quantity? units fround your cesponse to the neavest whole number? b) What is the annual holding cost? c) What is the annual ordering cost? 1 (round your respanse to two decimal places). d) What are the annual costs of the silvenware tielf with an optimal order quanoty? s (round your mesponse to the noarest whole number). What is the total annual cost, including ordering, holding, and purchasing the silverware? (round your response to fwo decimal places)

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