Q8

Solve for the EOQ using the following assumptions: Demand over the planning period is 300 units - Ordering costs equal $11 per order Holding costs equal $4 per order

a)20.62 units

b)30.62 units

c)40.62 units

D)50.62

E)None of the above.

Q9

HPH Manufacturing forecasts that its production will require 5,000 tons of bauxite over its planning period. Demand for HPH's products is stable over time. Ordering costs equal $5 per order. The holding cost per ton of bauxite is $1.25. Which of the following values is closest to the EOQ for HPH Manufacturing?

A)200 tons

B)650 tons

c)8,000 tons

d)40,000 tons