Question: (12) Question For multi-item economic order quantity with storage limitation as given below, derive the relationship for optimized order quantity (y:) for different items. Also,

 (12) Question For multi-item economic order quantity with storage limitation as

(12) Question For multi-item economic order quantity with storage limitation as given below, derive the relationship for optimized order quantity (y:) for different items. Also, for following table that describe four inventory items, determine the optimal order quantities and total cost. Item Ki Di hi ai (Units per day) ($) (ft) 1 200 0.35 1.2 2 250 17 0.25 0.8 3 300 34 0.28 1.1 4 280 21 0.42 0.7 Total available storage area is 35 ft2 22 (12) Question For multi-item economic order quantity with storage limitation as given below, derive the relationship for optimized order quantity (y:) for different items. Also, for following table that describe four inventory items, determine the optimal order quantities and total cost. Item Ki Di hi ai (Units per day) ($) (ft) 1 200 0.35 1.2 2 250 17 0.25 0.8 3 300 34 0.28 1.1 4 280 21 0.42 0.7 Total available storage area is 35 ft2 22

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