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ts s n Roster This is part one of the bigger set of the quantity discount question. In this part, upload your work as ONE
ts s n Roster This is part one of the bigger set of the quantity discount question. In this part, upload your work as ONE file. You MUST show your name in the top-right corner of the file you upload on every single page; failures to do so will be considered violation of academic integrity. If you hand write, be sure your handwriting is readable and the picture of your handwriting is in good resolution. An electronic producer purchases chips from its supplier. The prices are given below. Quantity 1-499 500-1999 2000-2499 2500 and above Unit Price 4.5 3.5 3 2.8 Assume that the discount applied to ALL units. His annual requirement is 80,000 chips. The ordering cost to be $8 per order and the inventory carrying cost is 10% per unit per year. Determine the optimum quantity to be ordered by the vendor and be specific about how many units the vendor should order each time and its annual cost. See below for point breakdown. You must follow the steps and show your work to get full credits, including indicating each calculated Q is valid (or not) clearly. Points allocation: step 1 (1.5pts), step 2 (4.5 pts), step 3 (6 pts), step 4 (3pts), step 5 (2pts).
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