Question: MAKE SURE YOUR ANSWER IS RIGHT! IF NOT, SURELY THIS WILL BE REPORTED AS FALSE ANSWER. THERE IS ALREADY AN ANSWER FOR THIS IN CHEGG

MAKE SURE YOUR ANSWER IS RIGHT!

IF NOT, SURELY THIS WILL BE REPORTED AS FALSE ANSWER.

THERE IS ALREADY AN ANSWER FOR THIS IN CHEGG BUT I AM POSTING AGAIN TO GET IT RIGHT.

PLEASE DO NOT ANSWER IF YOU ARE NOT SURE!!!

Subject: Operations Management

Question: Abey Kuruvilla, of Parkside Plumbing, uses 1,200 of a certain spare part that costs $25 for each order, with an annual holding cost of $24. a) Calculate the total cost for order sizes of 25, 40, 50, 60, and 100. b) Identify the economic order quantity

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