Question: Economic Order Quantity Model below. Open the spreadsheet and perform the required analysis to answer the questions below. Questions 1. What is the minimum-cost economic

Economic Order Quantity Model below. Open the spreadsheet and perform the

required analysis to answer the questions below. Questions 1. What is the minimum-cost economic order quantity? Round your answer to the nearest whole number. cases 2. What is the annual ordering cost based on the minimum-cost

Economic Order Quantity Model below. Open the spreadsheet and perform the required analysis to answer the questions below. Questions 1. What is the minimum-cost economic order quantity? Round your answer to the nearest whole number. 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. 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. $ Round your answer to the nearest cent. 6. Choose the correct graph for the cost functions. The correct graph is A. Order Cost Inventory Cost Total Cost Order quantity B. C. Order Cost Inventory Cost. Total Cost Order quantity Order Cost. D. Inventory Cost Total Cost Order quantity

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