Q1 Calculate EOQ and plot a graph with the following information Annual Usage 1600 units Holding Cost $8 unit yr Ordering Cost $100 unit yr Price of per Unit $50 Number of Units Number of Order 1600 1 800 2 400 4 200 8 100 16 80 20 50 32 Q2 SaveMart needs 2000 coffee makers per year The cost of each coffee maker is $88 Ordering cost is $110 per order Carrying cost is 45 of per unit cost What is the optimal or economic order quantity Hint Carrying Cost is 45 of $88

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Question: Q1. Calculate EOQ and plot a graph with the following information. Annual Usage= 1600 units Holding Cost= $8 unit/yr Ordering Cost = $100 unit/yr Price

Q1. Calculate EOQ and plot a graph with the following information.

Annual Usage= 1600 units Holding Cost= $8 unit/yr Ordering Cost = $100 unit/yr Price of per Unit= $50

Number of Units	Number of Order
1600	1
800	2
400	4
200	8
100	16
80	20
50	32

Q2. SaveMart needs 2000 coffee makers per year. The cost of each coffee maker is $88. Ordering cost is $110 per order. Carrying cost is 45% of per unit cost. What is the optimal or economic order quantity?

Hint*= Carrying Cost is 45% of $88.

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