Question $9$

$1$ pts

Suppose $D=3000$ units per month $($assume $30$ days a month$).$ Orders are placed for $1000$ units at a time. Which of the following statement is true if the firm orders EOQ? $q,$

The length of an order cycle is $10$ days

$10$ orders are placed per month

The average inventory is $1500$

None of the above

Question $10$

$1pt$

Suppose the EOQ is $110,$ but the firm can only order from its supplier in multiples of $100..$ What is the best quantity to order?

$100$

$200$

Either $100$ or $200,$ whichever gives the lowest total cost

Another amount