Question: (1) = COMPUTE E.O.Q. and the total cost for the following: Annual Demand 5,000 units Unit price 20.00 Order cost 16.00 Storage rate 2% per

(1) = COMPUTE E.O.Q. and the total cost for the

(1) = COMPUTE E.O.Q. and the total cost for the following: Annual Demand 5,000 units Unit price 20.00 Order cost 16.00 Storage rate 2% per annum Interest rate 12% per annum Obsolescence rate 6% per annum DETERMINE the total cost that would result for the items if a new price of 12.80 is used. = = (ii)

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