Question: Please do not copy the answer from old answers already posted on chegg. Answer the question with complete steps. = 1. We know that, if

Please do not copy the answer from old answers

Please do not copy the answer from old answers already posted on chegg. Answer the question with complete steps.

= 1. We know that, if we meet the EOQ assumptions, the optimal order quantity is given by the 2K Q* formula h . This formula is obtained by finding the Q that minimizes a function that hQ CQ) represents the sum of ordering and holding costs + 2. We call such Qas Q* (a) The optimal ordering and holding cost C*- the one we will have to pay when we order the optimal quantity can be written by plugging the optimal Q into the cost function C(Q), i.e., C* hQ* + 2 Show that C = V2KAh. You can do that by plugging the formula for Quinto Cand doing some algebra. = 2 = (b) Suppose that a new person placed a non-optimal order of a times the optimal quantity (Q = a Q*). For example, if the non-optimal order was 50% larger than Q*, then a = 3/2. Note h(aQ*) Ca + that the resulting cost Ca can be easily written as (aQ*) Show that Ca = (2a + ?) C*. The algebra is pretty similar to the one of the previous question. (C) How much higher than C* would the resulting cost Cabe if I mistakenly order 50% more than the optimal amount? Give the answer in percentage. Would the cost be 50% higher, 20% higher, how much higher

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