Question: the correct answer is 73 days. how did you get it? Using a the basic EOQ model, if D=10,000 per year, S=$50, and H=$1 per

the correct answer is 73 days. how did you get it?

Using a the basic EOQ model, if D=10,000 per year, S=$50, and H=$1 per unit per year, then the frequency of placing orders is? EOQ=Sq Root of [(2xDxS)/H],D= annual demand; S=Avg cost of placing an order; H= Avg cost of holding one unit for 1 year EOG=110.000250=1000 Once every 100 days Once, every 45 days Once, every 90 days

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