In the basic EOQ model, if monthly demand is 2000 units, unit holding cost is $5 per unit per month, and each order costs us $200, what is the economic order quantity, assuming 12 month per year and a purchase cost of $10 per unit?

Using the same data as in question 2, namely monthly demand is 2000 units, unit holding cost is $5 per unit per month, and each order costs us $200, assuming 12 month per year and a purchase cost of $10 per unit, and additionally assuming that there are 250 days per year, what is the optimal number of days between each order?

3.20

4.17

5.15

6.14

7.12