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Apply the EOQ model to the following quantity discount situation in which D = 530 units...

Apply the EOQ model to the following quantity discount situation in which D = 530 units per year, Co = $43, and the annual holding cost rate is 30%.

Discount Category Order Size Discount (%) Unit Cost
1 0 to 99 0 12
2 100 or more 4 11.52

What order quantity do you recommend? If required, round your answer to two decimal places

Math   Statistics-And-Probability   
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