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Use this graph Do not use excel 1. draw a graph (use proper scale, label all lines) showing EOQ model using the following data: Sales
Use this graph
Do not use excel
1. draw a graph (use proper scale, label all lines) showing EOQ model using the following data:
Sales 75,000 units
Ordering costs $8 per order
Carrying costs $1.20 per unit
2800 2400 2000 1600 EO.O Total Inventory Cost 1200 800 400 Carrying Cost Ondering Cost 00 200 300 400 500 70000 Order Size (Units)Step by Step Solution
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