Consider the following Economic Order Quantity (EOQ) problem: A = 10000, k = 10, c = 8,
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Question:
Consider the following Economic Order Quantity (EOQ) problem: A = 10000, k = 10, c = 8, h = 0.1
Let Q* be the EOQ, and let AC be the annual cost (including order and holding but not including the purchase costs).
Rounded to the nearest integer, what is the value of 10000 * EOQ + AC?
As a hypothetical example, if we were to have EOQ = 987.600 and AC = 123.400, then the answer would be 9876123.
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