Question: Question 22 (1 point) Saved In the basic Economic Order Quantity (EOQ) model, stockout cost is equal to 0. a) True b) False Question 23

Question 22 (1 point) Saved In the basic Economic

Question 22 (1 point) Saved In the basic Economic Order Quantity (EOQ) model, stockout cost is equal to 0. a) True b) False Question 23 (1 point) A furniture wholesaler has historically placed orders for 125 chairs per order over the past few years. If we assume this is the optimal quantity for each order that the wholesaler is placing, what is their annual demand if the ordering cost is $21 per order and the holding cost per unit over the course of the year is $13? Note: 1- Do not round any intermediate numbers. 2- Round your final answer to the nearest integer. Your Answer: Answer Question 24 (1 point) The Warren W. Fisher Computer Corporation purchases 16,000 transistors each year as components in minicomputers. The unit cost of each transistor is $10, and the cost of carrying one transistor in inventory for a year is 25% of the unit cost. Ordering cost is $32 per order. What is the optimal quantity (EOQ) to order (round your answer to two decimal places if it is not a whole number)? Your

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