Problem 10-11 (Algorithmic) is applicable. Assume that D = 6,300 units per year, Co = $115, and Ch = $2 per unit per year. Assume that a production line operates such that the production lot size model of Q' = 1/- /2DGO V (1- C a. i. 8,200 units per year ii. 12,000 units per year iii. 32,500 units per year iv. 95,000 units per year If required, round your answers to the nearest whole number. Q* - Q* = i P = 8,200 . P = 12,000 11. P = 32,500 iv. P = 95,000 b. Compute the EOQ recommended lot size using equation If required, round your answer to the nearest whole number. Q* = Comparing the EOQ lot size to the production lot sizes in parts I, 1, , and iv, what two observations can you make about the relationship between the EOQ model and the production lot size model? than the EOQ Q* with the same D, Co, and Ch Production Lot Size Q* is always values. As the production rate P , the recommended Q* decreases, but always remains than the EOQ Q*