Home Insert Draw Page Layout Formulas Data Review View Acrobat Tell me Share Comments Calibri (Body) 18 AA General FO F = = ab Conditional Formatting Format as Table Cell Styles Paste .00 V V $ % ) Cells Editing Analyze Data Sensitivity Create and Share Adobe PDF D E E F G H 1 J K L M N o P Q R S T T4 A x fx A B 1 2 Problem 4 3 4 5 6 7 The demand for a wholesale item is steady at 15 units per week. The item can be produced by a factory located a quarter mile from the warehouse. It costs $100 to transport a lot from the factory to the warehouse. The cost of holding 1 unit in inventory for a month at the warehouse is $2. Please show your work, and explain it when necessary (do not simply state the answer). Use the EOQ model to find: (1) The optimal order size for the warehouse. (2) The maximum inventory level in the warehouse. (3) The average inventory holding cost per year. 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Problem 1 Problem 2 Problem 3 Problem 4 + Ready + 100%