The catering manager of lavista hotel lisa ferguson is


The catering manager of LaVista? Hotel, Lisa? Ferguson, is disturbed by the amount of silverware she is losing every week. Last Friday? night, when her crew tried to set up for a banquet for 500? people, they did not have enough knives. She decides she needs to order some more? silverware, but wants to take advantage of any quantity discounts her vendor will offer. follows For a small order ?(2 comma 000 pieces or? less) her vendor quotes a price of ?$1.80 ?/piece. follows If she orders 2 comma 001 to 5 comma 000 ?pieces, the price drops to ?$1.60 ?/piece. follows 5 comma 001 to 10 comma 000 pieces brings the price to ?$1.40 ?/piece, and follows 10 comma 001 and above reduces the price to ?$1.25 ?/piece. ?Lisa's order costs are ?$200 per? order, her annual holding costs are 5 ?%, and the annual demand is 41 comma 900 pieces. For the best option? (the best option is the price level that results in an EOQ within the acceptable? range):

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