Question: QUESTION 3 3 points Save Answer In an EOQ problem, the optimal number of units ordered at a time is 343. The ordering cost per

QUESTION 3 3 points Save Answer In an EOQ

QUESTION 3 3 points Save Answer In an EOQ problem, the optimal number of units ordered at a time is 343. The ordering cost per order is $2.50. The holding cost per unit, per year is $1.25. The annual demand is 29,406 units. What is the maximum amount of inventory in this problem? Excel Access QUESTION 4 3 points Save Answer A product has a demand of 362 units per month. Ordering cost is $20, and holding cost is $4 per unit per year. The EOQ model is appropriate. The cost-minimizing solution for this product will cost per year in total annual inventory (holding and setup) costs. Excel Access

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