question one - what are some problems with the eoq and estimating holding cost?

question 2 - the setup cost is $50. the holding cost is $10 dollars per year. the demand is 500 per year. what is the optimal eoq? how many times per year do you order?

question 3 - the production rate is 2,000 units per year. the demand is 200 units. the setup cost is $4,000. the holding cost is $50. what is the production eoq? how many times per year does one produce the item at the optimal production eoq?

question 4 - you get a discount on items when you order 500. the price of the item is $10 if you were less than 100 and $9 if you order $100 or more. the holding cost of the item is $2 per year. the set of cost is $20. the man for the item is 2000 units per year compute the optimal eoq.

question 5 - give some reasons why jit /lean think is the same as and different than the eoq model.