Question: Using the EOQ model: 1 . A company has an annual demand of 7 5 , 0 0 0 and the cost to order supplies

Using the EOQ model:
1. A company has an annual demand of 75,000 and the cost to order supplies is $300 with the cost to carry inventory in storage facilities is 18% of annual demand and cost the company $34 per unit. (No order size increment required)
How much should be ordered?
2. It costs a company $25 per item unit to supply each customer with their goods. If this company's annual demand for finished goods is 10,000 units per year, ordering cost is $100, and it costs the company to carry inventory at a 15% rate: (No order size increment required)
a. How much should be ordered?

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