Question: Please write a step by step clear solution. Thank you. Given the data D=5000 units, and EOQ=500, and assuming a 250 -day work year. What

Please write a step by step clear solution. Thank you.

Please write a step by step clear solution. Thank

Given the data D=5000 units, and EOQ=500, and assuming a 250 -day work year. What is the expected time between orders? (value after the full number) Hint: Find the cycle time, multiply with 250 -day work year. 25 22 30 20 B Given, annual demand =5000 units, holding cost =$12.00/ unit/year, ordering cost =$300 per order. What is the EOQ ? 600 500 540 480

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