Question: I need the answer as soon as possible A particular item has a demand of 9,000 units/year. The cost of one procurement is 100 and

I need the answer as soon as possible

A particular item has a demand of 9,000 units/year. The cost of one procurement is 100 and the holding cost per unit is * 2.40 per year. The replacement is instantaneous and no shortages are allowed. Determine (i) the economic lot size, (ii) the number of orders per year, (iii) the time between orders, (iv) the total cost per year if the cost of one unit is 1. 31

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