Read below questions and answer to the best of your ability. (please dont take too long to answer). Thank you.

Q1) Determine the Economic Order Quantity if daily demand is 400 units, the ordering cost is $75 per order and the annual average cost of holding is $ 10 per unit. Assume that the company works for 250 days per year. (Round off the answer to closet unit place. Show your calculation steps).

Q2) Determine the annual ordering cost if yearly demand is 10000 units, EOQ is 400 units and ordering cost per order is $49. (Show your calculation steps).

Q3) Determine the annual holding cost if yearly demand is 10000 units, EOQ is 500 units and holding cost per item per year is $47. (Show your calculation steps).