Question: please give me answer Sharp Inc. A company that markets painless hypodermic needles to hospitals, would like to reduce its inventory cost by determining the

please give me answer

Sharp Inc. A company that markets painless hypodermic needles to hospitals, would like to reduce its inventory cost by determining the optimal number of hypodermic needles to obtain per order. he annual demand is 1000 units, the setup or ordering cost is $10 per order, and the holding ost per unit per year is $0.50. a. Use the EOQ model to compute the optimal number of units per order. b. Use the answer found in question (a), to determine the number of orders per year, Now, we assume the demand is 1200 units per year. Compute the new optimal number of units per order

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