Wohl’s Discount Store stocks toy race cars. Recently, the store has been given a quantity discount


Question: (10 points) Wohl’s Discount Store stocks toy race cars. Recently, the store has been given a quantity discount schedule for these cars:

Discount Quantity Discount Price
0 to 999 $5.00
1000 to 1999 $4.80
2000 and above $4.75

Furthermore, ordering cost is $49 per order, annual demand is 5000 race cars, and inventory carrying cost, as a percentage of cost, is 20%. What order quantity will minimize the total inventory cost?

Price: $2.99
See Answer: The solution file consists of 2 pages
Deliverables: Word Document

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