Question: Amco Convenience Store purchases 500 hammers a year for its inventory from its supplier, who offers pricing at quantity discounts. The quantities and pricing from this supplier are shown in the following table:
![2479_Unit.png](https://secure.tutorsglobe.com/CMSImages/2479_Unit.png)
The cost for Amco to place an order is $60, and the cost to store a hammer in inventory for a year is $2. What quantity should Amco order?