Question: 1. Explain why 200 is the correct answer. (worth 2 marks) In the basic EOQ model, a monthly demand of 50 units, an ordering cost

1. Explain why 200 is the correct answer. (worth 2 marks) In the basic EOQ model, a monthly demand of 50 units, an ordering cost of $100, and a holding cost of $3/unit per year, the maximum inventory ( I max) will be?

2. A hierarchical diagram that depicts the subassemblies and componentsthat are needed to produce and/or assemble a product P.

If 100 Ps are needed, and no on-hand inventory exists for any items, how many Cs will be needed?

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