A mail-order house uses 17,410 boxes a year.

A mail-order house uses 17,410 boxes a year. Carrying costs are 60
cents per box a year, and ordering costs are $96. The following price schedule applies.

Number of Boxes Price per Box
1,000 to 1,999 $1.25
2,000 to 4,999 1.20
5,000 to 9,999 1.15
10,000 or more 1.10

Determine the optimal order quantity. (Round answer to the nearest whole number.)

Determine the number of orders per year.

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