Answer:
The order size=20,632 syringes
Explanation:
Step 1
Determine the expected total cost of the syringe;
Total cost=40,000
Step 2
Determine associated costs as follows;
Total associated costs=ordering cost+(carrying cost×number of syringes)
Total associated costs=800+(1.9×n)
Total costs=1.9 n+800
Step 3
Equating;
1.9 n+800=40,000
1.9 n=40,000-800
1.9 n=39,200
n=39,200/1.9
n=20,631.579=20,632 syringes
The order size=20,632 syringes
