67. Consider the following data for an item.
Price quoted by a supplier
Order quantity (units) Unit price (Rs.)
< 500 10
≥ 500 9
Annual demand: 2500 units per year
Ordering cost: Rs.100 per order
Inventory holding rate: 25% of unit price.
The optimum order quantity (in units) is:
(A) 447
(B) 471
(C) 500
(D) ≥ 600
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