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TWW HURTON VE WWW WA MIL 01 Problem #4: (20 points) 2010! HU ine book uses Sharp, Inc as an example for Examples 3-5. Change their numbers slightly so that D 1000, setup cost is $10/order, they are open 300 days/year, and Holding cost per unit per year is $.50. They come up with Q' = 200 and TC = $100 for their model. Assume that Sharp, Inc now has the option of opening their own production facility in house. This facility could produce 10 units/day. Calculate the Q* and TC for this production model. Is it less expensive than the TC of $100 from the Instantaneous EOQ model? Write a sentence or two on the advantages of this new system. D-10- loolid 3 days of 2.33 20,000 Set up lost = $10/order open? holding Post = $.50 Ot - 200 T(-8100 (2) (1000) (10) 5. (15.33) 244.34 T: (10) + (1.33) 4.5 x 244 24 Te = (40.93) * (567) .SX 122.17 TL=81.86 This will be useful reporting Coationens bildop within inventory overtice. In addition, a lover lost would also be associated