Question: Question 1 ( 4 + 5 + 6 = 1 5 points ) EOQ model Universal Bikes is a manufacturing company that uses gear assemblies

Question 1(4+5+6=15 points) EOQ model
Universal Bikes is a manufacturing company that uses gear assemblies to produce four different
models of mountain bikes. One of these gear assemblies, the "Smooth Shifter," is used for the
two most expensive models, and has an estimated annual demand of 900 units. The Universal
Bikes estimates the cost to place an order is $100, and the holding cost for each assembly is $200
per year.

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