Question: please answer all questions Asap Thank you! EOQ Problem: Suppose you have a product with very stable demand of 1,200 units per year. The ordering

please answer all questions Asap Thank you!

EOQ Problem: Suppose you have a product with very stable demand of 1,200 units per year. The ordering cost is $100 per order, the cost of the item is $10 per unit, and the cost of carrying inventory is 10% per annum. You sell this product to your customers for $17.50 per unit. 1. What is the economic order quantity (EOQ) or Q in units? Round up to the nearest integer value. 2. What is the value of Q in dollars? Round up to the nearest integer dollar value 3. Sometimes, the amount of inventory is described in terms of how long it would last with the existing demand, e.g., weeks of supply or months of supply. What is Q in terms of Months of Supply? Enter your answer with two significant digits. 4. What is the optimal order cycle time in days? Answer to the nearest integer value. 5. Suppose that the shipment pallets are sized such that the orders have to be in multiples of 50 units. What is the new EOQ in Units

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