Question
1. What is the minimum-cost economic order quantity? Round your answer to the nearest whole number. fill in the blank 2 cases 2. What is
1. What is the minimum-cost economic order quantity? Round your answer to the nearest whole number.
fill in the blank 2 cases
2. What is the annual ordering cost based on the minimum-cost economic order quantity? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.
$ fill in the blank 3
3. What is the annual inventory holding cost based on the minimum-cost economic order quantity? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.
$ fill in the blank 4
4. What is the total annual cost based on the minimum-cost economic order quantity? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.
$ fill in the blank 5
5. What are the total cost savings in absolute terms caused by using the minimum-cost economic order quantity instead of the current purchasing policy of Q = 1,800? Use the rounded EOQ value in your calculations. Round your answer to the nearest cent.
$ fill in the blank 6
6. Choose the correct graph for the cost functions.
The correct graph is
graph Agraph Bgraph Cgraph
A.
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