Question: 1. What is the minimum-cost economic order quantity? Round your answer to the nearest whole number. fill in the blank 2 cases 2. What is

1. What is the minimum-cost economic order quantity? Round your answer to the nearest whole number.

fill in the blank 2 cases

2. What is the annual ordering cost based on the minimum-cost economic order quantity? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.

$ fill in the blank 3

3. What is the annual inventory holding cost based on the minimum-cost economic order quantity? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.

$ fill in the blank 4

4. What is the total annual cost based on the minimum-cost economic order quantity? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.

$ fill in the blank 5

5. What are the total cost savings in absolute terms caused by using the minimum-cost economic order quantity instead of the current purchasing policy of Q = 1,800? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.

$ fill in the blank 6

6. Choose the correct graph for the cost functions.

The correct graph is

graph Agraph Bgraph Cgraph

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