Question: Example 12.1: Basic EOQ problem The annual Demand (D) for an item is 1,000 units. The Ordering costs (S) are $10 per order, and the

Example 12.1: Basic EOQ problem The annual Demand (D) for an item is 1,000 units. The Ordering costs (S) are $10 per order, and the Holding costs (H) are $0.50 per year, operates 250 days per year. a) Compute the EOQ: Problems about EOQ: 125, 126, 127, 129 (not d), 12.12, 12.13 Quantity discounts: 12.21, 12.22 Problems about ROP: 12. 28, 12.32, 12.33 & 12.38 Economic Order Quantity Models E0Q = 0. 2DS H b) Compute the number of orders, time between orders & annual inventory and holding costs? Annual Setup S D -S is Annual Holdings H Average Inventory - 3 Orders per year (N) Demand E0Q Working days Timeborders Oriere per year c) Compute the Total annual cost? d) EOQ is relatively robust; what happens when demand changes to 2000

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