Question: I need help in this question. Please do it correctly and dont make it wrong. Please do it on MS WORD and copy/paste here and

I need help in this question. Please do it correctly and dont make it wrong. Please do it on MS WORD and copy/paste here and use the below formulas to do it.

I need help in this question. Please do it

I need help in this question. Please do it

I need help in this question. Please do it

Question 4 (15 points) Assume that at the Economic Order Quantity (EOQ), the total inventory cost TC = $1000. Given that Holding cost (H) = $2, what is the EOQ? EOQ Model Q = Number of pieces per order Q* = Optimal number of pieces per order (EOQ) D = Annual demand in units for the inventory item S = Setup or ordering cost for each order H = Holding or carrying cost per unit per year Optimal order quantity is found when annual setup cost equals annual holding cost Solving for Q* 2DS = Q2H Q2 = 2DSIH Q* = V2DSIH LO 12.8 Copyright 2021 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of Activate2-20 McGraw-Hill Education

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