Question: This subject is Management Science EOQ QUESTIONS Question one Determine optimal number of needles to order, given D = 2,000 units, S = $15 per
This subject is Management Science EOQ QUESTIONS Question one Determine optimal number of needles to order, given D = 2,000 units, S = $15 per order, H = $.50 per unit per year. Question Two Calculate the Total annual cost D=1,500units Q*=250units S=$10perorderN=5ordersperyearH=$.50perunit per year T= 50 days. Question Three The following information is given to you D = 19,000 units/yr; H = $4/unit/year; S = $25/order. Calculate the EOQ, Annual holding cost and annual ordering cost
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