Question: I NEED HELP WITH THESE QUESTIONS PLEASE THIS IS IMPORTANT Question ? Answer the following problem:00 marks) A company makes bicycles has an annual demand

I NEED HELP WITH THESE QUESTIONS PLEASE THIS IS IMPORTANT

Question ? Answer the following problem:00 marks) A company makes bicycles has an annual demand of 5000. They want to determine Economic Order Quantity for bicycles which have an annual holding cost (H) of $5/unit, and an ordering cost (S) of $50. They want to calculate TC and the reorder point (R) if the purchasing lead time is 5 days. Question (3): Answer the following problem: (10 marks) A manufacturer of a certain industrial component is interested in locating a new facility in a target market. There are four supply points A, B, C and D. Two possible sites for the new facility are being considered, one in (market Q) and the other in (market Z). The following table shows the distances being considered and the four supply points. Use the load- distance model to determine whether the new facility should be located in (market ) or in (market Z). Supply points to Distance market Z A B c D Distance market Q 32 8 12.5 6.5 to Load between the supply point and new facility. 15 10 12 8 14 32 26

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