Question: QUESTION 1 3 points Save Answer You have been asked to check EOQ figures. You have been given the following data: demand is 15,358 units

QUESTION 1 3 points Save Answer You have been

QUESTION 1 3 points Save Answer You have been asked to check EOQ figures. You have been given the following data: demand is 15,358 units per quarter, S = $120 per setup, P = $5 per unit, and H = $1.25 per unit per year, They typically orde r Q= 3,434 units every time an order is placed. Calculate total annual inventory costs including setup, holding and product cost using their current ordering plan. Excel Access QUESTION 2 3 points Save Answer Sam buys fuel for his construction vehicles from the local distributer. He uses 8,500 gallons a month. The local distributor charges him $20.50 per order when he orders and it costs him $9.00 per gallon per year to store the gas at his farm. The distributer can arrive within an hour of his order and we have a 500 gallon tank he can fill. From a logical and reasonable standpoint, how much fuel should Sam order when he calls the distributer? (Remember how big the tank for his gas is) Excel Access

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