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William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics: Demand D 19,600 units/year Ordering cost S $24/order Holding cost H $3/unit/year

William Beville's computer training school, in Richmond, stocks workbooks with the following characteristics:

Demand D

19,600

units/year

Ordering cost S $24/order
Holding cost H $3/unit/year
image text in transcribedimage text in transcribed a) The EOQ for the workbooks is (round your response to the nearest whole number). a) Calculate the EOQ for the workbooks. Q=H2DS=539 (round your response to the nearest whole number). b) What are the annual holding costs for the workbooks? Annual Holding Cost = Average Inventory Annual Holding Cost per Item =2QH=$973 (round your response to the nearest whole number). c) What are the annual ordering costs? AnnualOrderingCost=OrderingCostperOrderNumberofOrders=OrderingCostperOrder(TotalAnnualDemand/OrderSize)=QDS=$(roundyourresponsetothenearestwholenumber).

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