Question: Use the table below to answer questions 7 and 8 Annual Requirements (R) 6000 Setup Cost (S) Holding Rate (k) $250 per order 25% $100/unit

Use the table below to answer questions 7 and 8 Annual Requirements (R) 6000 Setup Cost (S) Holding Rate (k) $250 per order 25% $100/unit Unit Cost (C) Order Lead Time (LT) Number of days per year 10 days 360 What is the EOQ? (Round up to the next whole number) (.75 point) O a. 347 O b.600 O c. 167 O d. 139

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