(Don't use EXCEL and be clear with solution steps writing the rules)
A mail-order company uses 200 boxes a month. The company incurs a fixed order placement, transportation and receiving cost of $96 each time an order is placed with the manufacturer. The holding cost is 20 percent of the cost. The manufacturer uses the following unit discount pricing schedule.
|Order Quantity||Cost per Box|
|500 or more||$25|
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