Question: SHOW ALL CALCULATIONS. EXCEL IS A PLUS!! 8. The weekly requirement of a part is 950 units. The order cost is $85 per order, the

SHOW ALL CALCULATIONS. EXCEL IS A PLUS!! 8. The weekly requirement

SHOW ALL CALCULATIONS. EXCEL IS A PLUS!!

8. The weekly requirement of a part is 950 units. The order cost is $85 per order, the holding cost is $5 per unit per year, and the part cost is $250 per unit. The firm operates fifty-two weeks per year. Compute the (a) EOQ, (b) annual holding cost, (c) annual order cost, and (d) total annual inventory cost

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