Compute the economic order quantity

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Yoshi's Electronics has an annual demand for 15,000 60" TVs. Its supplier offers quantity discounts to promote larger order quantities. The cost to place an order is $300, and the holding rate is 25% of the unit cost. The purchase cost for each TV is based on the price schedule given below. Compute the Economic Order Quantity and identify the price per unit to be paid.

Reference no: EM131881456

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