During your onboarding, the operations manager shared the master production schedule $($MPS$)$ with you, along with the bill of materials $($BOM$).$ It's time to place an order for glass bottles.

$1.$ what methods or combination of methods could you use to make this order?

you are deliberating on material requirement planning$($MRP$),$Reorder point $($ROP$),$ Economic order quantity $($EOQ$),$ Economic transportation quantity $($ETQ$),$ and just in time $($JIT$).$ Explain your choice.

From the MRP$,$ the annual demand for bottles is $200$ million units. The estimated ordering cost at $$500$ per order. The bottle value is $$5/$unit$.$ The inventoy cost is $25\%$ of bottle cost.

$2.$ What is the EOQ?