Question: Problem 1: A company makes TV. Data collected from the company regarding this item is as follows: o Weekly demand = 240 units No. of

Problem 1: A company makes TV. Data collected from the company regarding this item is as follows: o Weekly demand = 240 units No. of weeks per year = 52 o Ordering cost = 50$ o Annual carrying charge = 3 1. Calculate the EOQ: 2. Compute the annual ordering cost 3. Compute the annual carrying cost 4. Compute total cost. 5. The number of orders per year. 6. Cycle time between orders.

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