Question: Question 2. PLEASE SHOW STEP BY STEP ON HOW YOU GOT GHE ANSWER. A firm that makes electronic circuits has been ordering the optimal ampunt

Question 2. PLEASE SHOW STEP BY STEP ON HOW YOU GOT GHE ANSWER.

A firm that makes electronic circuits has been ordering the optimal ampunt of ounces at a time of 250 ounces. The firm estimates that carryng cost is 580.48 per year, and that ordering cost is about $16.80 per order. The current price of the ingredent is $200 per ounce. The assumptions of the bosic EOQ model are thought to apply. For what value of annual demand (D) is their action optamal? (Round to two decimals)

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