Question: ****STOP USING THE EOQ MODEL, THE CORRECT ANSWER IS THE LUMPY DEMAND MODEL. USING THE EOQ MODEL WILL GET YOU DOWNVOTED***** Scary Clowns, Inc, supplies

****STOP USING THE EOQ MODEL, THE CORRECT ANSWER IS THE LUMPY DEMAND MODEL. USING THE EOQ MODEL WILL GET YOU DOWNVOTED***** ****STOP USING THE EOQ MODEL, THE CORRECT ANSWER IS THE LUMPY DEMAND

Scary Clowns, Inc, supplies special makeup cases to a major circus. The circus orders its EOQ of 800 cases every 2 months from Scary Clowns. Scary Clowns incurs setup costs of $5,150 every time it produces these cases, and its annual holding cost per case is $10. a. Which inventory model fits the best to this problem? A. POQ model B. Lumpy demand model C. Incremental quantity discounts model D. One-time sale model E. All-units quantity discounts model F. EOQ model b. Scary Clowns should produce units in each batch (round your response to the rearest integer). c. The total annual setup and holding cost for Scary Clowns using this policy is S (round your response to the nearest dollar)

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