The current order quantity for Electric power bars is 100 bars theorder cost is $10.00 per order, the holding cost is $.25 per bar per year, and the annual demand is 2000 bars per year

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1. Calculate the annual holding cost plus the annual ordering cost to get the total annual cost when using an order qua title of 100 bars.

2 calculate the EOQ and the total annual cost for this order quantity.

3. Howamany orders per year are necessary whenQ =100? How many orders per year are necessary for the EOQ in part b.

4

Graph the annual Inventory cost using ?SEXEL. Show the holding cost, ordering cost, and total inventory cost as a function of order size.