Q$10$ Problem Solving

$40$ Points

A company sells a product for which the monthly demand is assumed to be $25,000$ units, the setup cost is $$750,$ the annual holding cost percentage is $27\mathrm{.}5\%,$ and the unit cost is $$40.$

Note: Each part of the question is independent, meaning that the results do not build off each other. Round all order quantities to the nearest whole number

Q$10\mathrm{.}1$

$20$ Points

What is the economic order quantity and what is the associated total annual cost $($holding cost $+$ setup cost$)?$

Please select file$($s$)$