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The question is divided into 1,2,3, can you please solve all of them? Question 3 (20 points) Ferda Consultancy has an important item to carry

The question is divided into 1,2,3, can you please solve all of them? image text in transcribed
Question 3 (20 points) Ferda Consultancy has an important item to carry about. Currently, they use (s,Q) system, but Q is EOQ. The shortage cost Bv is considered. The parameters about the item are: D=2500 units/year r=0.25 YTL/year v=10YTL/unit B=0.6 A=25 YTL (,0)=(500,100) 1. (5 points) What are the current (s,Q) values used? 2. (10 points) What are the optimum (s,Q) values to be used (i.e., the sand Q values by joint optimization)? 3. (5 points) What is the benefit (% over current system) of using the optimum values for replenishment, carrying and shortage costs? Question 3 (20 points) Ferda Consultancy has an important item to carry about. Currently, they use (s,Q) system, but Q is EOQ. The shortage cost Bv is considered. The parameters about the item are: D=2500 units/year r=0.25 YTL/year v=10YTL/unit B=0.6 A=25 YTL (,0)=(500,100) 1. (5 points) What are the current (s,Q) values used? 2. (10 points) What are the optimum (s,Q) values to be used (i.e., the sand Q values by joint optimization)? 3. (5 points) What is the benefit (% over current system) of using the optimum values for replenishment, carrying and shortage costs

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