Question: only part b needed I got 78 for part a This Question: 1 pt 5 of 16 (11 complete) Matthew Liotine's Dream Store sells water
only part b needed
I got 78 for part a
This Question: 1 pt 5 of 16 (11 complete) Matthew Liotine's Dream Store sells water beds and assorted supplies. His best-selling bed has an annual demand of 395 units. Ordering cost is $39; holding cost is $5 per unit per year. a) To minimize the total cost, how many units should be ordered each time an order is placed? EOQ = units (round your response to the nearest whole number). b) If the holding cost per unit was $6.00 instead of $5, what would the optimal order quantity be? New EOQ = units (round your response to the nearest whole number)Step by Step Solution
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