Question: In the basic EOQ model, if Demand is 3000 per month, Fixed cost is $200 per order, unit cost is $50, and holding cost per

In the basic EOQ model, if Demand is 3000 per month, Fixed cost is $200 per order, unit cost is $50, and holding cost per year as a fraction of unit cost is 5%., what is the economic order quantity?

A.) what is the optimal ordering frequency?

B.) what is the cycle time in months?

C.) what is the annual fixed cost?

D.) what is the annual holding cost?

E.) what is the total annual inventory cost?

F.)what is the total annual inventory cost if the company makes an order every month?

G.) what is the total annual inventory cost if the company makes an order every year?

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