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Jackson Toys, Inc. wishes to establish an EOQ level for an item that has a monthly demand of 25,000 units, the ordering cost is $40
Jackson Toys, Inc. wishes to establish an EOQ level for an item that has a monthly demand of 25,000 units, the ordering cost is $40 per order. the cost per unit is $32, and the annual cost of carrying inventory is 30%. Calculate the following: 1. (5 pts) EOQ in units. 2. ( 2 pts) EOQ in $s. 3. (3pts) The number of orders per year. 4. (5pts) The total annual inventory investment (in \$s) at Jackson Toys. 5. (5 pts) The savings in total inventory investment (in \$s) at Jackson Toys if the ordering quantity is 6000 units and not the EOQ value? Please save your excel file into an excel workbook. Make sure that the response to the questions is clearly identifiable. Incomplete (without units) and inaccurately labeled graphs and solutions will result in a loss of points
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