Question: 1 . ( EOQ model ) Assume you have a pro 1 . ( EOQ model ) Assume you have a product with the following

1 . (

EOQ model

)

Assume you have a pro

1 . (

EOQ model

)

Assume you have a product with the following parameters:

Annual Demand

= 360

units

Holding cost per year

=

1.00

per unit

Order cost

=

100

per order

)

What is the EOQ for this product? What is the annual ordering and inventory holding cost if you order at this quantity?duct with the following parameters:

Annual Demand

= 360

units

Holding cost per year

=

1.00

per unit

Order cost

=

100

per order

)

What is the EOQ for this product? What is the annual ordering and inventory holding cost if you order at this quantity?

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