Question: Question 2- Mohsen is using a basic EOQ model to determine the best inventory control policy for his company. He came up with the following

Question 2- Mohsen is using a basic EOQ model to

Question 2- Mohsen is using a basic EOQ model to determine the best inventory control policy for his company. He came up with the following cost chart for his model. He knows that the cost of carrying per unit per year is 16$, the daily demand is 32 and the cost of ordering is 75$ per order. (300 days per year) Given the above information, determine A, B, C and D. Annual cost (5) A Order Quantity Q Question 3- Metters Cabinets, Inc., needs to choose a production method for its new office shelf. To help accomplish this, the firm has gathered the following production cost data: Process Type Fixed Cost Per Unit Cost Mass Customization $1,260,000 $60 Intermittent $1,000,000 $70 Repetitive $1,625,000 $55 Metters Cabinets projects an annual demand of 24,000 units. a- Which process type will minimize the annual production cost? b- Calculate the in-difference demand point between Mass Customization and Repetitive Process

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