Reference no: EM132729963

County Hospital order syringes from a hospital supply firm. The hospital expects to use 40,000 syringes per year. The cost to order and have the syringes delivered is $800. The annual carrying cost is $1.90 per syringe because of security and theft. The hospital supply firm offers the following quantity discount pricing schedule.

Quantity
Price
0 - 9,999
$3.40
10,000 - 19,9999
3.20
20,000 - 29,999
3.00
30,000 - 39,999
2.80
40,000 - 49,999
2.60
50,000+
2.40

Determine the order size for the hospital