Question: 1. B&B Electronics Warehouse stocks tool kits for personal computers. One of the popular kits, Standard, has an annual demand of 10000. The ordering costs

1. B&B Electronics Warehouse stocks tool kits for
1. B&B Electronics Warehouse stocks tool kits for personal computers. One of the popular kits, "Standard", has an annual demand of 10000. The ordering costs are $150 and the carrying costs are 25% of the unit price. The price quotation from the supplier is given below: Order quantity Price per unit ($) 1 to 899 15.50 900 to 1499 14.00 1500 and above 13.50 Assuming instantaneous delivery, find () EOQ (ii) Optimum Total Cost (iii) Number of orders per 3 years (iv) Number of weeks between orders [4] [4] [1] [1]

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