Question: Excel Online Activity: EOQ been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions
Excel Online Activity: EOQ been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below.
X
Open spreadsheet
Questions
What is the minimumcost economic order quantity? Round your answer to the nearest whole number.
cases
What is the annual ordering cost based on the minimumcost economic order quantity? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.
$
What is the annual inventory holding cost based on the minimumcost economic order quantity? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.
$
What is the total annual cost based on the minimumcost economic order quantity? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.
$
$
Choose the correct graph for the cost functions.
The correct graph is
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