Question: PLEASE CAN YOU EXPLAIN IN DETAILED?? 2. Demand for a certain product is 10000 utits. Company can parchase them for $50 per unit. Parehase erder
2. Demand for a certain product is 10000 utits. Company can parchase them for $50 per unit. Parehase erder cost is 530 per lot. The enmpany ean alse produce them for 525 per tumit. The production rate is 15000 mits per year. Setup cost is $100. Inventory holding cost is $10 per unit per year. Calculate the toeal coot with ecosomic order quantity (EOO) and total cost with economic productioe quantity (EFO). Should the company produce of bey itse item? Shertages are not allowed (25 points)
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