Mail order

Problem 13-13A mail-order house uses 16,820 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price schedule applies. Number of BoxesPrice per Box1,000 to 1,999$1.25                2,000 to 4,9991.20                5,000 to 9,9991.15                10,000 or more1.10                 a.Determine the optimal order quantity. (Round your answer to the nearest whole number.)   Optimal order quantity[removed] boxes   b.Determine the number of orders per year. (Round your answer to 2 decimal places.)   Number of order[removed] per year