Question: Please include formulas used to solve! Economic Order Quantity Model (EOQ Model) Q Ordering Cost Carrying Cost Total Cost 200 1.50 200.00 10,000 iunits 33.33

Please include formulas used to solve! Economic

Please include formulas used to solve!

Economic Order Quantity Model (EOQ Model) Q Ordering Cost Carrying Cost Total Cost 200 1.50 200.00 10,000 iunits 33.33 units 300 days 15 days junits 400 600 800 1000 Carrying cost, H $ Ordering cost, s $ Demand, D Daily Demand, d Work Days per year Lead Time Q* (using formula) Q* Total Holding Cost Total Ordering Cost Total Cost, TC Orders per year Time between orders Reorder Point, ROP 1200 1400 1600 1800 2000 iorders days units

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