King Hardware sells a popular brand of hammers. The demand for hammers is constant at 9,561 units per year. Holding cost at King Hardware is 36% of the unit purchase price per year. Each order incurs a fixed cost of $1 , 153 . The supplier offers an all-unit discount pricing scheme according to the schedule below. Round instructions. Carry all calculations to at least 3 decimals. Enter final answers rounded to 1 decimal place (nearest tenth). Compute the optimal order quantity for King Hardware. units Compute the optimal total annual cost (ordering + holding cost + procurement). $ .
King Hardware sells a popular brand of hammers. The demand for hammers is constant at 9,561 units per year. Holding cost at King Hardware is 36% of the unit purchase price per year. Each order incurs a fixed cost of $1 , 153 . The supplier offers an all-unit discount pricing scheme according to the schedule below. Round instructions. Carry all calculations to at least 3 decimals. Enter final answers rounded to 1 decimal place (nearest tenth). Compute the optimal order quantity for King Hardware. units Compute the optimal total annual cost (ordering + holding cost + procurement). $ .