Question: QUESTION 1 1.25 points Save Answer Suppose that the demand rate is 500 units per week. The fixed ordering cost is $60 per order. The

QUESTION 1 1.25 points Save Answer Suppose that

QUESTION 1 1.25 points Save Answer Suppose that the demand rate is 500 units per week. The fixed ordering cost is $60 per order. The unit inventory cost is 20% of the product cost. The cost of the product depends on the quantity ordered. It is $0.05 when you order less than 2300 units, $0.048 when you order between 2301 and 5000 units and $0.045 when you order more than 3000 units. What is your optimal order quantity if you intend to limit the number of units to at or below 2300 units? 2136 2236 2300 None of Above QUESTION 2 1.25 points Save Answer For the above question, what is your optimal order quantity if you intend to limit the number of units to between 2301 and 3000 units? 2301 2500 5000 None of the above QUESTION 3 For the above question, what is your optimal order quantity if you intend to limit the number of units to more than 3000 units? 3001 3035 3070 None of the Above QUESTION 4 For the above question, what would be the optimal order quantity to choose in order to minimize the overall cost? Answer for Q1 Answer for Q2 Answer for Q3 None of the above

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