Question: Please show the problem detail one by one. ( Make an Excel sheet - please. ) 1st pic : question 2nd pic : Need to

Please show the problem detail one by one. ( Make an Excel sheet - please. )

1st pic : question

2nd pic : Need to answer.

Please show the problem detail one by one. ( Make an Excel

sheet - please. ) 1st pic : question 2nd pic : Need

P2-1 LO nomic order quantity, ordering and carrying costs. Similar to self-study problem. Saxson Company predicts that it will use 25,000 units of material during the year. The expected daily usage is 200 units, and there is an expected lead time of five days and a safety stock of 500 units. The material is expected to cost $5 per unit. Saxson anticipates that it will cost $50 to place each order. The annual carrying cost is $0.10 per unit. REQUIRED: I. Compute the order point. 2. Determine the most economical order quantity by use of the formula. 3. Calculate the total cost of ordering and carrying at the EOQ point

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