Question: Use the givens provided below to solve this problem. Annual demand = 3200 Ordering cost = $1600 per order Holding cost = 25% of unit

Use the givens provided below to solve this problem. Annual demand = 3200 Ordering cost = $1600 per order Holding cost = 25% of unit cost Unit cost = $300 per unit Present lot size = 400 Calculate the average inventory if the company used the EOQ as their lot size. Be sure to use the EOQ, they will no longer use the present lot size. Choose the closest answer. Use the givens provided below to solve this problem. Annual demand = 3200 Ordering cost = $1600 per order Holding cost = 25% of unit cost Unit cost = $300 per unit Present lot size = 400 Calculate the average inventory if the company used the EOQ as their lot size. Be sure to use the EOQ, they will no longer use the present lot size. Choose the closest answer. 200 272 78 185 226 140

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