Question: please answer all questions, thanks!! What are some problems with the EOQ and estimating holding cost? Question 2 The setup cost is $50. The holding

please answer all questions, thanks!!

What are some problems with the EOQ and estimating holding cost? Question 2 The setup cost is $50. The holding cost is $10 per year. The demand is 500 per year. What is the optimal EOQ? How many times per year do you order? Question 3 The production rate is 2000 units per year. The demand is 200 units. The setup cost is $4000. The hoiding cost is $50. What is the production EOQ. How many times per year does one produce the item at the optimal production EOQ? Question 4 You get a discount on items when you order 500 . The price of the item is $10 if you order less than 100 and $9 if you order 100 or more. The holding cost of the item is $2 per year. The setup cost is $20. The demand for the item is 2000 per year. Compute the optimal EOQ. Question 5 Give some reasons why JIT/Lean think is the same as and different then the EOQ model

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