Question: 2 . EOQ Example ( round to the nearest whole number ) Consider the following: D = 2 , 0 0 0 units S =

2. EOQ Example (round to the nearest whole number)
Consider the following:
D =2,000 units
S = $8 per order
H = $.50 per unit per year
Determine the following:
a. Optimal number of items to order
b. Expected number of orders
c. Optimal time between orders (assume 250 working days per year)
d. Total annual cost
e. Interpret the data what does this all mean?

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