Question: Question 1: Explain the key differences between fixed-period inventory system and quantity discount system. Question 2: Solve Problem 12.7 parts (a), (b), and (c) given

Question 1: Explain the key differences between fixed-period inventory system and quantity discount system.

Question 2: Solve Problem 12.7 parts (a), (b), and (c) given in the textbook. Show and present all calculations in detail.

Question 1: Explain the key differences between

12.7 William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics: Demand D = 19,500 units/year Ordering cost S = $ 25/order Holding cost H = $4/unit/year a) Calculate the EOQ for the workbooks. b) What are the annual holding costs for the workbooks? c) What are the annual ordering costs? Px

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