Question: THE QUESTIONS BELOW ARE REGARDING THE CASE ANALYSIS TITLED 'SPERADSHEET ANALYSIS OF THE EOQ AT NEIGHBORHOOD PHARMACY INC. (NPI) [END OF CHAPTER 2 OF HIRSCHEY'S

THE QUESTIONS BELOW ARE REGARDING THE CASE ANALYSIS TITLED 'SPERADSHEET ANALYSIS OF THE EOQ AT NEIGHBORHOOD PHARMACY INC. (NPI) [END OF CHAPTER 2 OF HIRSCHEY'S MANAGERIAL ECONOMICS 12TH EDITION]

Q1. Set up a table or spreadsheet for NPI's order quantity (Q), inventory related total cost (TC), purchase price (P), use requirement (X), order cost (O), and carrying cost (C). Establish a range for Q from 0 to 2,000 in increments of 100 (i.e., 0, 100, 200, .., 2000).

Q2. Base on the NPI table or spreadsheet , determine the order quantity that will minimize the company's inventory -related total costs during the planning period.

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