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Multiple Server Waiting Line Solution with QM for...

Exhibit$10\mathrm{.}1-24$ SP BUAD$358\mathrm{.}50$Z $-$ Management

Page $25$ of $28$

Question $25(3$ points$)$

A company produces item $Y,$ and uses the basic EOQ model for managing its inventory. Demand is $100$ per month. The ordering cost is $$20,$ and carrying cost is $$10$ per unit per month.

Determine the order quantity for product $Y.$

$14\mathrm{.}14$

$800$

$28\mathrm{.}28$

$20$

$$

$$

Page $25$ of $28$

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